“On Monday, it will be all about Apple,” Abigail Stevenson reports for CNBC. “Cramer expects that Apple will finally reveal the details and pricing for its highly anticipated watch.”
“One of Cramer’s many reasons for believing that Apple is still undervalued is that the management is consistently underrated,” Stevenson reports. “Some may think that this Apple Watch will bomb, but not Cramer.”
“The trick to Apple’s ecosystem is that whenever Apple unveils a new device, its app developers find a way to turn the machine into something that rules the world. Cramer knows that Tim Cook would never allow Apple to release a watch unless it was going to take the globe by storm,” Stevenson reports. “‘That’s what drives me crazy. When is this man finally going to be given the benefit of the doubt?’ Cramer asked.”
Read more in the full article here.
[Thanks to MacDailyNews Reader “Dan K.” for the heads up.]