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Jim Cramer: Apple Keynote Predictions
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Mac Enthusiast
Join Date: Sep 2004
Location: New York City
Status:
Offline
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Not sure if anyone watched Jim Cramer's Mad Money show today on CNBC but he made Apple stock predictions along with product predictions.
Basically he said:
iTV - i think we all knew this
new ipods (annually)
ipod>zune no matter what, additionally iTunes software is revolutionary and here to stay
the iPhone (and he noted that apple didn't have the rights to this name, but its the streetname for the product) and that apple will eventually make progress with this
and even predictions down the line: widescreen video ipods, etc...
Anyone else catch the show?
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Mac Enthusiast
Join Date: Jan 2002
Status:
Offline
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I caught in on XM, and I was surprised to hear how bullish he was about AAPL, thinking that it's still going to move much higher, citing their vertical monopoly of the new music-distribution industry. But, c'mon, it's already at record levels, I just can't see how it's set to move any higher anytime soon.
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Clinically Insane
Join Date: Dec 2000
Location: Caught in a web of deceit.
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I hope lots of people buy because of the hype, and then Macworld sux, and then the price drops like a rock to below $80, and then gradually to below $70.
Then I'll buy.
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Senior User
Join Date: Oct 2004
Location: Portugal
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Offline
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Originally Posted by Eug
Then I'll buy.
same here!
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Professional Poster
Join Date: Apr 2002
Location: Smallish town in Ohio
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Offline
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Same here, I want Apple stock to plummet so I can buy it. Please oh please oh please
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Mac Enthusiast
Join Date: Sep 2004
Location: New York City
Status:
Offline
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well he was looking at the stock as a bullish stock for the year, it may get rocky around macworld, but by the end of the year, it will show some definate gains. Days before macworld is probably the right time to buy, cuase macworld will either make or break the AAPL stock for the first quarter of trading. Remember this years macworld is longer than usual...that's way too much time to jsut praise products, im thinking something new will show.
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