Apple must relearn how to surprise under new CEO Ternus, says BofA

Apple Inc (NASDAQ:AAPL, XETRA:APC)'s real test under incoming CEO John Ternus will be restoring a sense of technological surprise to a company too large for incremental excellence alone to redefine it, according to analysts at Bank of America. The bank made the observation in a research note reiterating its Buy rating on Apple ahead of Ternus's transition to CEO on September 1.