“Could this be the long-awaited breakout of Apple (AAPL)? This stock has been, with the possible exception of Google, the most profound disappointment of 2007,” Jim Cramer writes for RealMoney.com.
“The froth of the iPhone coupled with a belief that the new device must be a failure because of its price point — even as my teenage daughters tell me otherwise — has kept a huge lid on the story,” Cramer writes. “I think that lid could be sliding off.”
Cramer writes, “Here’s why: We are able, now, to see the power of Steve Jobs. He owns a whole industry with this iTunes, a whole industry. Who can imagine what will happen when we get to iTV [Apple TV]?!?”
“Jobs is the most important man in media; therefore, Apple is the most important company in media — again, with the possible exception of Google,” Cramer writes. “To me that’s worth more of a premium than Apple currently sells for.”
Cramer writes, “Indeed, the great mystery of Apple is how darned cheap it is vs. its growth rate. Apple sells at 26 times next year’s earnings estimate, with a 20%-plus growth rate. That makes no sense and reflects a belief that iPhone’s a joke like Microsoft’s Zune. It isn’t.”
Full article here.
MDN: I’m Back. Block this if you can. It’s called anonymous surfing. Trying to block my IP? Good luck bozos.
maczealot:
Your feeble attempt to refute my suggestion belies your keen grasp of the obvious. Of course EVERY business wants to produce better products, produce them quicker, produce them more efficiently, and produce them at a lower cost. WHO DOESN”T UNDERSTAND THAT? But if you’re so damned sensitive to what Apple needs to do in the coming months, why didn’t you include some of the following?
1. Release Leopard immediately.
2. Upgrade/redesign the Mac Pro and MacBook Pro lines immediately.
3. Add gaming capabilities to the iTV console immediately.
4. Release a MacTablet/miniMacBook immediately.
5. Announce the widescreen iPod (wiPod?) immediately.
6. Declare a dividend on all AAPL shares to diffuse the current stock options scandal.
7. Etc., etc., etc., etc., etc., etc.
It doesn’t take a financial or marketing genius to come up with a dozen more “improvements” Apple could make in the coming months to increase your loyalty and support, so why catalog a list of YOUR demands in the above post? Verbal exhibitionism, perhaps?
Unlike the morons who run Microsoft, Steve Jobs is not a joker and Apple will never release a “joke” product as long as Steve is in charge.
The real joke is that anyone would listen to someone stupid enough to call the iPhone a “joke.”
Randian:
Since you seem so keenly attuned to Apple’s stategies why don’t you predict when Apple will release all the above products. This would be extremely useful for all us Apple fans. Better yet, define your own business stategy and let’s all see how it compares with Apple’s. You know, Apple might even consider hiring a Wall Street wizard like you.
Give me a fucking break!
Profound disappointment?
After only 1 month?
Where do they scrape up these clowns?
Well Randian, it appears you started the arguement by attacking maczealot’s comment (which was certainly not offensive) and in the end he turned the tables on you by attacking your “one-upsmanship” styled comment with exactly the same type of insult you originally fired off at him. How ironic, and actually how useless of an arguement to get engaged in. Why not just let folks express themselves here, and if they’re not attacking anyone, then have the courtesy to let them be. If you must retort to anyone’s comment, why not just make your point without being a smart ass, and inviting an ever-increasing level of personal attacks and ridiculous posturing? Give it up, guys. You’re both really smart, so just shake hands and get back on board the train.
And by the way, who says that Steve Jobs can’t use some suggestions, even if they have already considered them? Nothing like a little feedback and pulse monitoring to stay in touch with the real world, unlike Mr. Gates/Ballmer and Co.
MDN magic word: “enough” – self-explanatory.
Jim Cramer is NO DUMMY!
The only caveat- some believe that stock movements based on his recommendations (prime time MSNBC daily show) are for hedging purposes.
I report. You decide. Fair and Balanced. And Always Right (TM).
http://en.wikipedia.org/wiki/Jim_Cramer
I’m in Australia. Where on the web can I go to buy Apple stock? Been wanting a slice of this action for years.
Most of us as a group don’t listen to any of these analists anyway. I’ve had stock sense Apple was “beleaguered” and I’m not complaining how apple is doing things. Apple has never done things “immediately”, All these things people say Apple has to do, THEY DON’T, and you know it. Nobody pushed for the first imac, nobody pushed for the ipod, ” the monitors have to have this, the powermac needs that, prices are way to high. Apple has done a great job following none of our advice, now watch them grow. If your in, stay in, if your afraid don’t get it. The iphone, maybe apple won’t sell 10 million by 2008 but they will sell one because i’m buying it. The iphone will allow me to do some things that no other cell phone maker cared to do… real web browsing and connect and sync right to my MAC. Yes it maynot be G3 and a bit costly but Ive been let down by Moto, LG and others (don’t ask me to use windows mobile). The iphone is for me and I’m buying it. You want to complain about Apple? Go right on ahead its a free country, but Apple has been around for a long time and most of its customers, new and old are pretty happy with what they have, I know I am.
Sam –
e-mail some Australian on-line brokers and ask if they deal in foreign stocks, then ask if their on-line systems are Mac-compatible. That’s how I bought Apple stock from the UK. It was very easy.
@ maczealot
” I know, I’m just nostalgic for the days when Apple made Macs. “
Let’s see –
Aug 2006 – got new Mac Pros
Sept 2006 – new iMacs
Oct 2006 – new MacBook Pros
Nov 2006 – new MacBooks
Nov 2006 – new xServes
hmmmm, 2 months since the last hardware update. The oldest model in the current lineup is 6 month old……..
How long do you think the life cycle of a particular model should be? Some people are never happy.