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Apple CEO Tim Cook to Speak With Jim Cramer on CNBC's Mad Money Tonight
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What are you saying? They just released a RED iPhone what more do you want from them? /s
I think the 'iPhone Sales Pause" may be the beginning of a downturn for that product and by association Apple. Phones are getting too expensive and you can get better phones for a lot less cost.
I think the problem with Cook is he's been well coached by the Marketing org. He knows the buzz words to say and the sentences to speak without saying anything. He's not got the charisma of Steve and sounds like a bit of a droid. That's why guys like Eddy Cue and Craig F. are so special to Apple.
It's amazing. No it's not.
C'mon, you know that CEOs of megabillionbucks companies are not supposed to say anything earth shattering on a TV show. If Apple had something of material import to say, they'd have said it at the earnings announcment.
Whatever Tim Cook says tonight on Cramer's show, people can read stuff into it, or discount it, or just ignore it the same as one would for anything anyone else --including Cramer-- says on Cramer's show. To do anything else with it, like rush to sell or buy shares, would be nuts. Cramer's gig barely makes the cut for infotainment but it has an audience so it's a reasonable move for Cook to agree to show up after the release of Apple's earnings data. Gotta keep the brand out there. There will be commentary elsewhere in media afterwards and it's all free publicity...
You can like Cook. That's fine. He's done no harm to AAPL stock for sure. But that wasn't the crux of what you wrote about. You explicitly said Cook did more for Apple than Jobs did. OK -- exactly how? What has he done to take Apple to the, excuse the cliche, "next level." Apple is definetly a wealthier company now than 5 years ago --- no way to prove Apple wouldn't have these cash reserves were Jobs still around either. So fundamentally what has Cook done that exceeds everything Jobs ever did in terms of product development and being a game changer?
Learn to like Android. Hard to argue when a $400 phone does the same stuff nearly as reliably as an $800 phone. That extra $400 buys a lot of extra stuff. The iPhone 6+ ($800+) I had is not $400 better than the $400 ZTE I just bought. In fact the $400 phone has some features the iPhone could learn to implement.
Let me guess he will make statement such as "The Mac is an important part of our business. We have great Macs in pipeline." Then months from now they will still be selling the same models we have today at the same price.
Not until Tim and the gang get another billion or two....
They truly deserve it, for all the incredible innovation they have brought to Apple, including the soon to be unveiled Apple car (Project Titan) and for the $3+ Billion purchase of Beats which turned Apple into the coolest brand ever!
And all the fantastic Apple Watch band options!
Today Tim Cook will reveal that Apple is still innovating. Apple will introduce an analog headphone jack on the new iPhone. Rumor has it that it is instantly compatible with 99% of the headphones in the world. Absolutely brilliant.
How about Scott comes back? iOS 6 - what a beauty that was.
Jim been bought by tim. Mad money been retitled to "desparate for money." Fake show.
What is a shame is that people actually see this as a positive. I really wish Cook would just stop talking and start doing. Just impress us with releases. Don't really need much else, because everything else is just fodder.
Sad reality is the iPhone is absorbing almost all of Apples resources. They have hit this cadence and cannot skip a single year now. As soon as they do not release an iPhone one year analysts will say Apple is doomed, share price will drop through the floor, calls will go out for Tim Cook to resign by the media.
And as smart phones have become so refined it becomes less clear and less obvious what needs to be done to make them better.
In the past it was obvious. They were slow, we need to make them faster. The screens looked poor, we need better screens. The camera takes photos like a potato, we need a better camera.
Now though there is very little difference between an iPhone 6 and iPhone 7 in how it feels even though the iPhone 7 is 2.5-3x faster in CPU and Graphics. The displays all look fantastic and the cameras take great photos regardless of what device you purchase.
And so without these obvious areas that need attention it is becoming a case of diminishing returns. Apples R&D budget has never been bigger than it is now and it has more than doubled under Tim Cooks tenure as CEO. Yet at the same time they are not refreshing more than 20% of their product range every year. 1/5th.
I have mentioned on this forum before but you guys remember that 60 minutes piece on Apple in I think 2016. At one point they were talking to one of the people involved in designing the iPhones camera system and he proudly exclaimed to the interviewer that Apple has 900 engineers working on just the iPhone camera.
It was so shocking even to the interviewer that he clarified "900 engineers on JUST the camera?". You can look at that two ways, one wow that is incredible they spend so much time to make the camera better for us. Or you can look at it like that is 900 engineers working to improve the Camera 1-2% when they could have spent that engineering effort updating 5 or more Macintosh computers, iPods and iPads.
I really feel that there is going to come a day when the iPhone completely fails to impress and Apple is going to be stuck between a rock and a hard place having put all their engineering efforts into the latest model for it to be a giant flop and they have no backup plan no other products ready in the rafters.
We've already seen that with the Mac Pro for which they apologised to their own customers for not updating it for three years and for designing something that cannot easily be upgraded with the meagre quantity of engineers they have working under the Macintosh group.
Oh hell no.
The Apple CEO doesn't need to be a single-handed product visionary, but they do need to have good taste. An aesthetic sensibility. Steve had that. Tim has that (though not to the same degree). Eddy wears giant bowling shirts and tells corny jokes. Let him be the dealmaker and biz dev guy that execs from other companies love to have a good time with. I can't imagine him being the final yes/no decision on products.
Actually Cramer is good to watch. For us normal people, it is the only way to see how retail Wall Street advisors actually work. Understanding that is fundamental to investing in todays market. While its true that most people that rely on retail wall street investment advise lose in the short run, it does explain certain a lot of things that are done to generate commissions. But, yeh, to follow religiously is a good way to part with a lot of money as Cramer is a self fulfilling way for Cramer to make money.
what hit? it wasn't down that much today. Call me when its back down under $130 a share