Cramer: Apple is ‘not a cell phone company’

“Apple CEO Tim Cook shifted the company’s narrative as a smartphone company to something else in a conference call with investors on Tuesday, CNBC’s Jim Cramer said,” Berkeley Lovelace Jr. reports for CNBC.

“‘This is a company that may have the most powerful subscribers in the world with 150 million strong. Maybe we don’t need to buy Netflix,’ Cramer said on Squawk on the Street,” Lovelace Jr. reports. “Apple is ‘not a cell phone company,’ he said.”

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MacDailyNews Take: We hold such truths to be self evident.


        1. Yes… considering that Apple’s products are almost completely made of custom Apple parts and components. I’d say Apple has come along way. In fact, Steve Jobs turned Apple into a fashion house releasing new designs every season, while Tim Cook has gone a long way to bring most of the technology in house.

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