Apple CEO Tim Cook to Speak With Jim Cramer on CNBC's 'Mad Money' Tonight

[macwhack143]

Apple CEO Tim Cook will appear on CNBC's Mad Money this evening, where he will speak with host Jim Cramer. On the show, Cook is expected to discuss Apple's future in China, his outlook on innovation, what's next for the iPhone, Apple Watch, and Apple services, and whether Apple is pursuing any potential acquisitions.

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Cook last spoke with Cramer in March of 2015, where he discussed topics like ResearchKit, health, and the "next frontiers" of development.

Mad Money will air at 6 p.m. Eastern Time.

Article Link: Apple CEO Tim Cook to Speak With Jim Cramer on CNBC's 'Mad Money' Tonight

Whoop Dee Doo...
( What a DRIP )

 

[American Hero]

I better get my popcorn and soda out for this thread... And for the show tonight.

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Jim: "Tim, does your company seem to be going downhill?"

Tim: "Well you see, Jim, we strive to make the best products for our consumers--- even if that means incremental update after incremental update while our competitors are taking risks and making better products than us now. We love how the iPad comes in new colors, how our 'new' iPhones using hardware that's been in storage for four years are excelling in the market, and we love displaying incredibly powerful Macs that run on the weakest hardware possible to save money while selling it for $1,599.00 USD," while scratching his head. "We, at Apple, are doing very well."

Jim: "Why do you think your company is doing well?"

Tim: "Well, Jim, our products have been losing some major market share since I've become CEO, but I like to blame that on market saturation, rather than the fact that I'm not a visionary and I'm pretty much a worthless CEO that isn't capable of driving a tech company, and only good at pinching pennies while we nickel and dime our customers. The fact that we still make billions every quarter means we're doing just fine. Who cares about innovation when you can just ride off of someone else's inventions from six to ten years ago?"

Jim: "Then why has the stocked dropped so much over the last two weeks?"

Tim: "I think the investors are too quick to jump to conclusions about the future here at Apple. We have plenty of exciting products to come [hinting at more incremental color and screen size updates]."

 

[pat500000]

I'm glad that guy dumped his apple stock. he was a PITA.

I agree with you. I hope we don't have to hear him again.

 

[sw1tcher]

Our margins will be better than ever!

In keeping with their thinner obsession, that should be "Our margins will be thinner than ever!"

And based on what they just reported and their guidance for the current quarter, margins are getting thinner.

Q2 2016 margin: 39.4%
Q2 2015 margin: 40.8%

Q3 2016 margin guidance: between 37.5% and 38%
Q3 2015 margin: 39.7%

 

[American Hero]

It's funny, Apple breaks all historic worldwide records for earnings and the stock still goes down, at least early on; Apple's sales slow down mostly because of market saturation, and the stock goes down. But one has strong meaning while the other one somehow doesn't. This stock market thing is a funny thing indeed (pretty much in any/all meanings of "funny").

Stock market is based on potential my friend. That's why when you see potential company acquisitions, the stock goes up or down based on what the shareholders will think (if it's healthy for the companies involved or not).

 

[Dave245]

Fingers crossed for a live resignation

Good luck with that one, Tim Cook doesn't need to resign. He's not Steve Jobs and he's not suppose to be, Steve Jobs is dead, it was always going to be a different kind of Apple under Tim Cook or anyone for that matter, no one was ever going to realistically replace Steve Jobs.

 

[Alumeenium]

Time to resign Tim, remember SJ hired Sculley too...
[doublepost=1462221087][/doublepost]

Good luck with that one, Tim Cook doesn't need to resign. He's not Steve Jobs and he's not suppose to be, Steve Jobs is dead, it was always going to be a different kind of Apple under Tim Cook or anyone for that matter, no one was ever going to realistically replace Steve Jobs.

He's not, but the last thing Apple needs as a leader is a "Supply Chain" manager

 

[C DM]

Stock market is based on potential my friend. That's why when you see potential company acquisitions, the stock goes up or down based on what the shareholders will think (if it's healthy for the companies involved or not).

Basically people's perception, which basically mean's people's opinions--there's got to be a good amount of faith in people and then on their subjective reasoning to even start anything off there (thus a good amount of that "funny" attribution).

 

[BootsWalking]

Apple has the cash to buy about 1/3 of the S&P 500. Pick the fastest growers with a moat around their business and just buy them. There's a use for cash.

Then go private.

They could buy several big banks and commodity manufacturing firms for under book value and simplify them.

That cash is stuck overseas and if repatriated would take a 35% haircut due to taxes.

 

[fermat-au]

Sounds like damage control time even it does seem like a routine schedule for him.

Was the interview scheduled before Apple's earning were released? If the answer is no then this is damage control.

 

[American Hero]

Basically people's perception, which basically mean's people's opinions--there's got to be a good amount of faith in people and then on their subjective reasoning to even start anything off there (thus a good amount of that "funny" attribution).

Not always about perception,but sometimes just common sense. What has Tim Cook brought to the table that's excelled?

Apple Pay? Nope.

Apple Watch? Nope.

Apple Music? Nope.

Everything else has been ridiculously small improvements over someone else's inventions.

 

[BootsWalking]

It's funny, Apple breaks all historic worldwide records for earnings and the stock still goes down, at least early on; Apple's sales slow down mostly because of market saturation, and the stock goes down. But one has strong meaning while the other one somehow doesn't. This stock market thing is a funny thing indeed (pretty much in any/all meanings of "funny").

It's pretty straightforward actually. Stocks sell at a premium to their current value based on the projection for future cash flows/earnings. The lower the projected growth in those earnings, the lower the premium the market is willing to pay on current earnings.

 

[Dave245]

Time to resign Tim, remember SJ hired Sculley too...
[doublepost=1462221087][/doublepost]

He's not, but the last thing Apple needs as a leader is a "Supply Chain" manager

It could be a lot worse, I don't see what the guy has done wrong. We have more choice under Cook, bigger iPhone's for a start, and since job died Apple has grown. They have had one bad quarter and everyone is over reacting, they made 10 billion in profits and sold more iPhone's than any other company can probably dream of for one quarter.

 

[Alumeenium]

Tim's announcing AAPL dividends will include a new "Tubman" themed Apple watch sport band.

 

[Goatllama]

I feel like there really won't be much interesting info until WWDC. These interviews always seem to go nowhere. I wish Apple were a bit more open to not sugaring everything up as much as they do, just say $#!@s crazy if it's crazy!

 

[sw1tcher]

Not that I dislike Tim but I miss Jobs, he was uncompromising in his vision and that's what made Apple what it is/was.

And Jobs never felt the need to appear on tv/speak with Cramer to try to prop the stock up. Jobs just followed the advice of Paul McCartney and "Let It Be"©

 

[C DM]

Not always about perception,but sometimes just common sense. What has Tim Cook brought to the table that's excelled?

Apple Pay? Nope.

Apple Watch? Nope.

Apple Music? Nope.

Everything else has been ridiculously small improvements over someone else's inventions.

Keeping in mind that common sense is essentially anything but common.

 

[bstpierre]

"Every is 'A' o-kay!" "No worries here, Jim. Our Famous ex-share holder dumped his share due to lack of confidence, but we got it covered."
-camera points at his head....sweating on his forehead.-
-Tim smiling-

I am not sure you should describe it as dumping when he made as much money as he did on it.

 

[American Hero]

Fingers crossed for a live resignation

That'll be after WWDC 2016, where there's, "one more thing."

 

[Rogifan]

Well this interview will certainly be more interesting than the stale comments here! Ooh I'm throwing shade at Apple and dissing Tim aren't I clever.

 

[macs4nw]

Tim Cook is desperate. Prepare for the usual talking points, "Apple is as innovative as we've ever been", etc. But running Apple is like being the Governor of California. It is almost impossible to do well, unless you are someone like Steve Jobs.

Without someone like him at the helm, Apple will be unmanageable. The problem isn't that Tim Cook is a bad CEO (I don't think he is). I just think that Apple requires a very unique individual at the helm. Unfortunately that kind of person is 1 in 6 billion (give or take).

So true. The wait is on for that unique individual with the vision to boldly go where no one has gone before, the perfectionist streak in him to do things impeccably, the tenacity to stick to the task at hand without losing focus, and the rare ability to be ruthless enough to extract the very best work out of his employees without alienating them so much they'll jump to the competition, and last but not least, an individual so averse to mediocrity that only the superb will be tolerated.

Many of us are hungry once more for unique, state-of-the-art, cutting-edge products, that have an impeccable design, change our lives for the better, and have a vision towards the future. A tall order, I know.

 

[Alumeenium]

It could be a lot worse, I don't see what the guy has done wrong. We have more choice under Cook, bigger iPhone's for a start, and since job died Apple has grown. They have had one bad quarter and everyone is over reacting, they made 10 billion in profits and sold more iPhone's than any other company can probably dream of for one quarter.

the fact 60% of their profits are tied to a plateu'd and saturated product with only incremental updates. (iPhone)
every product since has been Dead on Arrival without a Killer App. (iPad, Watch, Beats/Music)
the iCar staff has been reshuffled multiple times.
distracted by the money pit of a new head quarters no one asked for.
failure in their software as service initiatives such as iTunes bloatware, flat ugly UI of Yosemite/ElCap
damage control on a crappy cable stock show, very tacky!

 

[macfan57]

I'll be selling all my $AAPL stock this year. It'll make a nice rise, peak, and then it's dead money for a year. I'd get better performance buying utility stocks.

 

[pat500000]

I am not sure you should describe it as dumping when he made as much money as he did on it.

okay...I should say "sold." I use the word "dumping" as "sold" so..it's same.

 

[nvmls]

Not that I dislike Tim but I miss Jobs, he was uncompromising in his vision and that's what made Apple what it is/was.

Mr. Jobs pushed like no other! his vision, conviction, passion and values kept the company standards high, Apple is lacking a pusher since then, I don't dislike Mr. Cook either but clearly he has been exploiting the success with little risk. Jobs would have never let the brand sit on 5400rpm hds on desktops in 2016, nor 16gb base model on mobile devices as the market stands today. Decisions like these have cheapen the brand.

"God is in the details" -Van Der Rohe