Jim Cramer: Apple doomsayers are 'dumb as wood' (video)

4 Comments

  1. Fred Stein said:
    Right on, Joseph. When the market is wrong, go long.

    What the market, most analysts, and most people don’t see, is: “Apple is the most innovative company around”. Wearables? Mobile Payments? People talked for years. Apple nailed it. That’s just the obvious stuff.

    Deep in chip design and the sw stack, and deep in supply chain, Apple innovates like nobody else. Boring topic, until one realizes that those investments give Apple a lead that would cost perhaps $50B to close. (I made up this number $50B – no matter, the gap is big, based on many years of internal development and acquisitions.) Only Samsung and Huawei can compete in theses areas. No other company has the money nor the time. In the US, they’re constrained by investor sentiment.

    The above discourse shows Tim Cook’s leadership at its best. He pursued the right choices, with no regard for what others thought of him, ignoring short term opportunities that could take Apple off track. Tim’s words, “I’ve got the hide of rhinoceros, which comes in handy as CEO of Apple.”

    7
    January 29, 2020
    • John Konopka said:
      I would add that every year Tim is re-elected by about 99% of the shareholders. People with skin in the game have his back.

      1
      January 29, 2020

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