“SanDisk has an iPod killer. No, Microsoft does! No, Motorola’s got one! How about some new Chinese-Korean thing where they give the music away? How many times in the past year have you heard this nonsense? How much money has it kept you from making in Apple ? Last night’s quarter should put all the doubters to rest,” Jim Cramer writes for TheStreet.com.
Cramer writes, “There’s only one iPod, one iTunes and soon one iFilm and one iPhone. This gadget owns the market. No one can touch it. But it is such a huge market that others have to try to stop it. They have to. Any company that wants to make money with a handheld anything has to stop it. So they keep trying. This quarter, however, showed how poorly the also-rans are faring.”
Full article (subscription required) here.
Gotta love Cramer.
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