“Stop listening to all the claptrap about Apple and Cisco and what Cisco really wants: monetary damages, stopping the iPhone and the like,” jim Cramer writes for RealMoney.
Cramer writes, “Cisco doesn’t want royalties on iPhone. Cisco could care less about keeping the name iPhone. These theories are all wrong. Cisco’s trying to get cool. It isn’t cool now.”
Cramer writes, “Here’s the deal: I believe that what Cisco really wants is to have Apple open up the Apple TV device — the just-announced set-top box that streams video from your PC to your TV — and other products for Cisco to interface with.”
Full article here.
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