New Delhi, July 15 -- Apple hasn't had a smooth sailing this year, with the company losing over $630 billion in market value as frustration over its long-delayed AI features grows. Amid this, some analysts have started calling for the Cupertino-based tech giant to consider replacing its CEO.

A Bloomberg report cited analysts at LightShed Partners who said Apple should consider replacing Tim Cook at the helm due to the company's recent struggles with artificial intelligence.

"Apple now needs a product-focused CEO, not one centred on logistics," analysts Walter Piecyk and Joe Galone wrote in a note to clients.

The analysts' comments come at a time when Apple has announced that its Chief Operating Officer Jeff Williams will step down this...