NEW YORK (TheStreet) -- While it's been five years since Steve Jobs handed off the Apple (AAPL) - Get Report  CEO title to Tim Cook, it's still too early to compare the two leaders' performances, The Verge executive editor Walt Mossberg said on CNBC's "Squawk Alley" on Wednesday morning. 

Some people criticize modern Apple for not releasing as many game-changing products as it did under Jobs, CNBC's Jon Fortt commented. 

That's because Apple is now largely dependent on the iPhone, much as it was dependent on the Mac in the past, and that's a "tricky situation," according to Mossberg.

"But if you don't come out with a new, kind of break-through popular product or series of products, you can never escape that situation - particularly as we see the smartphone market maturing," he explained. 

While concentrating on one product isn't necessarily a bad idea for now, the real question is, "Where are you going to be in another five years?" Mossberg asked. 

And that's why people can't compare Cook to Jobs yet - it takes time to see which products people are going to connect with, Mossberg said. The iPhone and iPod both took several years before they took off, he added. 

Under Cook, Apple has released the Apple Watch and Apple Pay, both of which could become a big deal in time, he said. "It's just a little too early to tell whether those two things are going to be world-changing," Mossberg said. 

Apple will release the iPhone 7 a week from today. 

(Apple is a core holding of Jim Cramer's charitable trust Action Alerts PLUS. See all of his holding with a free trialhere.)

Separately, TheStreet Ratings team rates the stock as a "buy" with a ratings score of B+.

Apple's strengths such as its largely solid financial position with reasonable debt levels by most measures, expanding profit margins, increase in stock price during the past year and notable return on equity outweigh the fact that the company has had sub par growth in net income

You can view the full analysis from the report here: AAPL

TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this article's author.

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