Apple Inc CEO Tim Cook calls CNBC's Jim Cramer on 10th anniversary special of "Mad Money" TV show

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  • Reply 21 of 46
    My view of Tim Cook just dropped in value. Cramer is nothing more than a 2 bit snake oil salesman. he is constantly wrong about stocks. I think some Harvard students did a piece detailing his stock buying and advice and if you invested in what he says to buy. the return is zilch. he was so wrong in 2007 and 2008. his motto should be 'sail with Crammer and you sail with the Titanic'.
    Free publicity, love him or hate him everyone knows who Cramer is, even non-investing peeps
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  • Reply 22 of 46
    pfisherpfisher Posts: 758member
    Quote:

    Originally Posted by sternapples53 View Post



    My view of Tim Cook just dropped in value. Cramer is nothing more than a 2 bit snake oil salesman. he is constantly wrong about stocks. I think some Harvard students did a piece detailing his stock buying and advice and if you invested in what he says to buy. the return is zilch. he was so wrong in 2007 and 2008. his motto should be 'sail with Crammer and you sail with the Titanic'.

    I don't have cable, but when I have seen him here and there on the net, he seems pretty entertaining, but can't take him serious. He's guessing the market like everyone else, and maybe more wrong than right!

     

    Treated as entertainment only, and his show is fine. 

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  • Reply 23 of 46
    Quote:

    Originally Posted by GTR View Post

     

    Tim Cook wanted Steve to have his organ inside him?

     

    Well, I guess that's a DEFINITE confirmation that he's gay...

     

    (Joke! Joke!)




    Steve didn't eat meat. :D

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  • Reply 24 of 46
    gtr wrote: »
     
    Tim Cook wanted Steve to have his organ inside him?

    Well, I guess that's a DEFINITE confirmation that he's gay...

    <img alt="" class="lightbox-enabled" data-id="56515" data-type="61" src="http://forums.appleinsider.com/content/type/61/id/56515/width/350/height/700/flags/LL" style="; width: 200px; height: 330px">

    [SIZE=10px]<span style="line-height:1.4em;">(Joke! Joke!)</span>
    [/SIZE]


    Steve didn't eat meat. :D

    Nor spotted dick, as far as I'm aware. ????
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  • Reply 25 of 46
    buckalecbuckalec Posts: 205member
    Tim is smart - Cramer resonates in retail big time sadly. I actually respect Tim more as he called in to the bread and circus that is business news. If 16,009 people are whatsoever it is caught his wisdom his means justify the ends
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  • Reply 26 of 46
    paul94544 wrote: »
    Look at the chart Apple fell more last fall than IBM and is trading about the same level now using that as a starting point mid November. YOu can prove almost anything with a chart. No one could have known prior to IBM's bad earnings. Its so easy to prove a point in hind sight. Its tough to make predictions - so all that criticism  about Cramer endorsing that analyst is twaddle at best. A typical bad piece of journalism pretending to masquerade as sensible, which it isn't. I remember the time period very well and it did look like Apple was in trouble and IBM on the ascendent

    Your comment is 'twaddle'. You said, you can prove almost anything with a chart. So, you can bash the article for putting together facts for you to read, and then expect people not to call out silly comments like that? The fact is, he intentionally emphasized that this particular prediction would be accurate. He went as far as saying how the accuracy could be "staggering". That puts his credibility on the line. Then, he was wrong. This, despite the fact that his brazen endorsement was publicized on national media and could have swayed stock buyers purchases had they bought his fibs. That chart is staggeringly shameful.
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  • Reply 27 of 46
    MacPromacpro Posts: 19,873member
    My view of Tim Cook just dropped in value. Cramer is nothing more than a 2 bit snake oil salesman. he is constantly wrong about stocks. I think some Harvard students did a piece detailing his stock buying and advice and if you invested in what he says to buy. the return is zilch. he was so wrong in 2007 and 2008. his motto should be 'sail with Crammer and you sail with the Titanic'.

    I am sure Tim had a long shower after that. It was clever marketing that's all. Tim certainly knows what a snake oil salesman Cramer is but a little charm and flattery works wonders on such creatures and better to have Cramer propounding 'buy and hold' these days. On that he finally said something right.
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  • Reply 28 of 46
    MacPromacpro Posts: 19,873member
    solipsismy wrote: »
    ???? You're going to hell for that one but I also found it funny. Look me up when you get there.

    I actually found that strangely distasteful and I grew up with Monty Python so that's saying something. I suspect Hell is infinitely customizable for those that believe. That Hell will be eternity with a Dell and Windows XP and dial up and a shared cell with a 300 pound bubba ... ????
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  • Reply 29 of 46
    crowleycrowley Posts: 10,453member

    Ignoring the benefit of hindsight, was Cramer wrong when he said that the charts at the time indicated IBM as a better buy than Apple?  And if so, why did the charts give that indication when actual events didn't play out?

     

    That'd be a much better bit of analysis than just remarking upon the path of the stock price.  I'm pretty sure Cramer wouldn't deny being wrong, it's why he was wrong that matters.

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  • Reply 30 of 46
    linkmanlinkman Posts: 1,074member
    Cramer is entertaining but I don't take his advice on stocks.
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  • Reply 31 of 46
    mdriftmeyermdriftmeyer Posts: 7,503member
    [QUOTE]The two exchanged complements,...[/QUOTE]

    The two exchanged [B]compliments[/B],...
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  • Reply 32 of 46
    mdriftmeyermdriftmeyer Posts: 7,503member
    My view of Tim Cook just dropped in value. Cramer is nothing more than a 2 bit snake oil salesman. he is constantly wrong about stocks. I think some Harvard students did a piece detailing his stock buying and advice and if you invested in what he says to buy. the return is zilch. he was so wrong in 2007 and 2008. his motto should be 'sail with Crammer and you sail with the Titanic'.

    Cramer's a clown, and a former hedge fund hack, but his show influences a lot of gullible investors. Tim giving him some air time goes a long way to having Cramer as a cheerleader on a network equally and dumb as a FOX Business. CNBC and FOX Business are just gossip channels for folks too lazy to research about investments.
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  • Reply 33 of 46
    chasmchasm Posts: 3,780member
    sternapples53, I think you might be being a touch short-sighted. I certainly think of Cramer as a buffoon in his TV persona, and not a great stock analyst even off-camera, but he reaches a big audience -- and that entire segment was not only one long commercial for Apple, it was a commercial for AAPL to be held long-term (which is very solid stock advice). Tim got a chance to push not just his stock but to inform a crowd that didn't pay attention to the "Spring Forward" thing a little bit about the long-term stuff they are up to, plus he personally sold another business on using Apple Pay, plus Cramer reminded everyone that this is a leading America-based company that is the leader in innovation.

    You can't buy what Cramer gave Cook, or what Cook gave Cramer.
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  • Reply 34 of 46
    apaolaapaola Posts: 3member
    I flinch everytime Apple hosts an event, blue-skying what the new Apple device will do for the world. Having been a beta tester for far too long, it's getting tedious to see all of these wonderful Apple Watch apps working, knowing very well that Xcode and iOS betas are in a state of disarray.
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  • Reply 35 of 46
    paul94544paul94544 Posts: 1,027member
    Quote:
    Originally Posted by Corrections View Post

     



    No the chart very clearly shows that IBM immediately trended negative, then nearly recovered, and has since fallen significantly, while Apple was up, up and more up. The entire analysis was based on chart shaping, not fundamentals. If you remember being wrong back then, well, then, yes, you were wrong, too. Cramer endorsed magic chart numerology, and was wrong about it.

     

    Journalism is the practice to recording what happened, and this is what happened.

     

    Also, please don't quote entire articles into your comments.


    IF you  look at the chart starting on Nov 1st you see Apple falls away very fast down from just under the +40% line to just above the +20% line then it trades sideways for 3 rolls before rising  up to just over the +40%, a very slight increase in 3 1/3 month

    IF you look at IBM over the same period it falls from about the -10% line down to just over the -20% line this IS NOT AS MUCH AS APPLE FELL over the same period then IBM recovered to just below where it was in Nov 1st.

     

    So I stand by my original statement which was "Look at the chart Apple fell more last fall than IBM and is trading about the same level now using that as a starting point" 

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  • Reply 36 of 46
    kibitzerkibitzer Posts: 1,114member
    Quote:
    Originally Posted by sternapples53 View Post



    My view of Tim Cook just dropped in value. Cramer is nothing more than a 2 bit snake oil salesman. he is constantly wrong about stocks. I think some Harvard students did a piece detailing his stock buying and advice and if you invested in what he says to buy. the return is zilch. he was so wrong in 2007 and 2008. his motto should be 'sail with Crammer and you sail with the Titanic'.



    That's true about Cramer, but Cook just gamed him with a bit of jujutsu, leveraging Cramer's monumental ego to box him up and neutralize him for some time to come. A live phone call from Tim Cook! The CEO of the world's largest market-value enterprise just flattered Cramer! How can Cramer play his old games - creating FUD about Apple - after that? Cook took over Cramer's audience to drop a big Apple commercial on them, while Cramer stood there bedazzled to the point that he abandoned any of his traditional contrariness. Did Cook administer a pill or a suppository? It really doesn't matter, because he dosed Cramer but good!

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  • Reply 37 of 46
    kibitzer wrote: »
    My view of Tim Cook just dropped in value. Cramer is nothing more than a 2 bit snake oil salesman. he is constantly wrong about stocks. I think some Harvard students did a piece detailing his stock buying and advice and if you invested in what he says to buy. the return is zilch. he was so wrong in 2007 and 2008. his motto should be 'sail with Crammer and you sail with the Titanic'.


    That's true about Cramer, but Cook just gamed him with a bit of jujutsu, leveraging Cramer's monumental ego to box him up and neutralize him for some time to come. A live phone call from Tim Cook! The CEO of the world's largest market-value enterprise just flattered Cramer! How can Cramer play his old games - creating FUD about Apple - after that? Cook took over Cramer's audience to drop a big Apple commercial on them, while Cramer stood there bedazzled to the point that he abandoned any of his traditional contrariness. Did Cook administer a pill or a suppository? It really doesn't matter, because he dosed Cramer but good!

    It's wrong to think that Cramer will only ever recommend buying Apple as a result of Cook's appearance. The time will come when Cramer recommends selling Apple. Stocks don't go up in a straight line.
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  • Reply 38 of 46
    paul94544paul94544 Posts: 1,027member
    kibitzer wrote: »

    That's true about Cramer, but Cook just gamed him with a bit of jujutsu, leveraging Cramer's monumental ego to box him up and neutralize him for some time to come. A live phone call from Tim Cook! The CEO of the world's largest market-value enterprise just flattered Cramer! How can Cramer play his old games - creating FUD about Apple - after that? Cook took over Cramer's audience to drop a big Apple commercial on them, while Cramer stood there bedazzled to the point that he abandoned any of his traditional contrariness. Did Cook administer a pill or a suppository? It really doesn't matter, because he dosed Cramer but good!

    Isn't Cramer simply the symptom of a greater disease in American culture . It's called sensationlism and overhype and the constant attention to trivia. As one dead comedian pointed out, we are living in a freak show and we get a front row seat?
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  • Reply 39 of 46
    kibitzerkibitzer Posts: 1,114member
    It's wrong to think that Cramer will only ever recommend buying Apple as a result of Cook's appearance. The time will come when Cramer recommends selling Apple. Stocks don't go up in a straight line.

    I said "neutralize." I specifically did not say "recommend." Cramer's "recommendations" are to his following of avaricious day-traders, Nervous Nellies, and ignorant greedy and stupid. Cook's phone call has made it more difficult for him to diss Apple's long-term prospects again without this conversation coming back to haunt him. I choose my words carefully. Please read them more closely in the future.
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  • Reply 40 of 46
    kibitzerkibitzer Posts: 1,114member
    Quote:

    Originally Posted by Paul94544 View Post





    Isn't Cramer simply the symptom of a greater disease in American culture . It's called sensationlism and overhype and the constant attention to trivia. As one dead comedian pointed out, we are living in a freak show and we get a front row seat?



    Tell us more about that dead comedian pointing out things ... there's a freak for sure!

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