Jim Cramer: Apple’s Q2 07 was a magnificent quarter, buy some Apple

Apple StoreHere’s what Jim Cramer had to say about Apple Inc. (AAPL) when a caller offered up the company for comment during the ‘Mad Money Lightning Round’ Monday evening:

Apple (AAPL): “Apple could come down; it shouldn’t, because that was a magnificent quarter. In other words, let it come in, but as it comes in, buy some Apple.”

Full Mad Money Lightning Round recap here.

13 Comments

  1. I am a super minor share holder in AAPL ( < 500 shares) and I think that the days of 600% growth are over…but there are still (amazingly) opportunities to see AAPL return 200-300% growth in a year…

    It is all about the iPhone and HD Movies. If Apple can create a series of cell phones to capture 10% of that market…and at the same time deliver first run movies in HD via the Apple TV…all while maintaining 80+% music/ipod share and grow the computer bus too…then they will be printing money so fast the stock will have to triple – otherwise it will e trading at such a low P/E that duds like DELL and MSFT will look expensive.

  2. AAPL still has a LOT of room to grow. Maybe not like the last 5 years, but there are whole new markets out there that no one else seems to be able to crack. MS can’t make a decent living-room experience, or a decent smart-phone experience, and it doesn’t seem like anyone else is stepping up.
    Maybe not 500% growth… but hey, they said that 5 years ago. ” width=”19″ height=”19″ alt=”wink” style=”border:0;” />

    -c

  3. ChissyOne,
    Can MS make a decent anything? Sure, Excel is ok, but it’s been around for over 20 years, so you’d expect it to be pretty stable and usable. Can Microsoft produce anything new that isn’t crap, even if it’s only new to them?

    MDN Magic Word: try, as in: Maybe if they would just try to produce something of quality.

  4. Hi, Guys, n girls, miss u all. Wo mac are pop now

    Linux is cool to, hahha,

    Apple could make bussmac, ie macmini bus,
    Firwall built in? Cool idea huh

    Remove , ilife etc

    Luv ya anthony

  5. I’d love some Apple pie. But I’m in Australia, is it still possible for me to get a slice of the action. Any good trade sites that don’t mind foreign transactions?

  6. My advice, which is free, is sell now and buy again after the pull back. It is traditional for Apple to start a slow share price decline about now with spikes on product announcement. My estimate is that by the end of May we will see AAPL in the $94 to $95 range.

    Sell now, buy before iPhone.

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