“Wall Street’s take on Apple is nothing short of confusing, CNBC’s Jim Cramer said Tuesday,” Fred Imbert reports for CNBC.
I think that one of the things that happens with Apple is, it’s universally considered to be boring and past its prime that, when they issue things, I’m looking and I’m saying, ‘boy, I want that, but it’s past its prime… There’s this kind of oxymoronic analysis of Apple. There were hundreds of articles devoted to all the things [released at WWDC]. After I read them, I said ‘yeah, but the market won’t like it. The disconnect between all the great things that Tim Cook is up to versus how we are yawning is funny… What are people waiting for? … Until Tim Cook reveals the car that drives on air and takes you to Mars, anything short of that, Tim Cook’s a loser?! I mean is that what we’re about now?! — Jim Cramer
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Full article here.
MacDailyNews Take: Better yet, just drop the “oxy.”
[Thanks to MacDailyNews Reader “Arline M.” for the heads up.]
Whatever,
Whatever? If that the extent of your analysis, you should delete your comment. It just makes you look stupid.
Michaele11111: are you commenting on my comment or you calling me Stupid, You don’t have a clue who I am. I can see by your comment rebuttal your a nothing. Poof, so Oxy of you, Stupid
MDN: Maybe wall street morons have indeed “dropped” the oxy, which is why they are so handicapped…
I think you might call it “Tech ADHD Syndrome.” Nothing short of warp drive, Starships, replicators, phasers and transporters will get a geek doofus’s attention and praise. (Well except price since their hair net wearing jobs preclude buying items of quality, hence the price sensitive disingenuousness.)
As I often point out, Wall Street is now well known as a haven of drug abuse, specifically meth, cocaine, speed and other amphetamines. Think of the Wall Street psychotics demanding Jetsons cars yesterday as delusional. There’s real time, then there’s time on drugs.
Beyond stupid Derek. Monumentally so.
Sorry, but you’re ‘stupid’ for not checking the multitude of articles written up and available on the Internet verifying exactly what I’ve stated. See if you can count how many articles there are about drug abuse on Wall Street then report back to us. You’ll find the monumental stupid is right there on Wall Street. No wonder it’s so incredibly rare to read any sane analysis of Apple from the Wall Street addicts. Their behavior fits perfectly.
So please wake up and smell the crack.
Cramer’s point is a good one. If Microsoft or Google announced 1/10 of what apple did yesterday, and then said it won’t be available until 2018, they’d be lauded as “true innovators”, but when Apple releases anything, even if it is revolutionary, people come out of the woodwork to decry it. It’s completely nuts. You’d think the healthiest company on the planet would garner some respect but obviously not.
Apple acquiring Beats Inc. was declared as a huge mistake, a waste of money, a poor fit and overpaid for the company. Worst purchase ever made in the history of mankind. (Beats was definitely making money as a company). Apple paid a measly $3B. Considering Apple’s cash pile, $3B is pocket change.
On the other hand, Microsoft acquires LinkedIn and it’s considered a very fine purchase for Microsoft. $26B for a company that couldn’t even monetize itself. How is Microsoft going to earn that $26B back? I haven’t a clue.
Watch Microsoft stock rise while Apple stays flat as a pancake. Everything Apple does is considered a yawn to Wall Street. I’ve already given up on Apple’s share price seeing any gains this year. It’s simply ridiculous how Apple’s share price is mired in quicksand.
On the other hand Apple repurchase of shares are going grey
A current key phrase regarding WallNut Street:
Technology Ignorance, aka TechTardiness.
Unless that specific problem is solved, we’re going to see endless 🍎🐻🐂💩.