Trip Chowdhry, the Managing Director of Equity Research at Global Equities Research, is convinced that it will set a new record for the company. "The new iPhones will be massively successful," Chowdhry told Benzinga this morning. "This will be the most successful product launch ever in the history of Apple." These are surprising words from Chowdhry, who has been very critical of Apple's managers. He frequently criticizes Apple for failing to deliver new and innovative products on a regular basis. "Innovation does not exist at Apple," Chowdhry affirmed. "Where is Apple TV? Where is iWatch?" Chowdhry said that Apple needs to have a "complete innovation equation in place" and that it is time for CEO Tim Cook to move on to other work. "He's an operational guy," said Chowdhry. "I'm not saying he's a bad guy. He should be heading up operations." With so much pessimism toward Apple, some investors may wonder why Chowdhry would ever think that the iPhone 5S (and its cheaper companion) will be successful. Chowdhry outlined a few reasons as to why the new iPhone will persevere: