Apple CEO Tim Cook to appear on CNBC's 'Mad Money' Monday night
In a rare TV appearance, Apple CEO Tim Cook will take part in an interview on Monday night's episode of Mad Money with Jim Cramer on CNBC, scheduled for 6 p.m. Eastern.
From Cook's 2015 appearance on the show.
Cook is expected to discuss a variety of topics, including Apple's prospects in China, services growth, and what might be next for products like the iPhone and the Apple Watch. Cramer should also raise the question of whether there are any acquisitions in the company's future.
The executive is unlikely to provide any direct answers on future products or takeovers, in keeping with Apple's normal policy of tight secrecy. Cook will, however, periodically tease directions the company might be headed in.
The CEO has appeared on Mad Money before, specifically in March 2015, when he called in to praise Cramer on the show's 10th anniversary. Cramer in turn lauded Apple, even calling it "the greatest company on Earth."
The tone could take a different turn tonight, given disappointing quarterly results announced last week. Though Cook suggested that such comparisons might be unfair, Apple nevertheless posted its first year-over-year decline in iPhone sales, watching revenue fall nearly $8 billion as well.
From Cook's 2015 appearance on the show.
Cook is expected to discuss a variety of topics, including Apple's prospects in China, services growth, and what might be next for products like the iPhone and the Apple Watch. Cramer should also raise the question of whether there are any acquisitions in the company's future.
The executive is unlikely to provide any direct answers on future products or takeovers, in keeping with Apple's normal policy of tight secrecy. Cook will, however, periodically tease directions the company might be headed in.
The CEO has appeared on Mad Money before, specifically in March 2015, when he called in to praise Cramer on the show's 10th anniversary. Cramer in turn lauded Apple, even calling it "the greatest company on Earth."
The tone could take a different turn tonight, given disappointing quarterly results announced last week. Though Cook suggested that such comparisons might be unfair, Apple nevertheless posted its first year-over-year decline in iPhone sales, watching revenue fall nearly $8 billion as well.
Comments
It's a good thing that Tim Cook is putting himself out there and defending the stock!
Would you prefer that Apple remains silent and says nothing, which is what they usually do?
I think that Tim Cook's appearance can have a positive effect overall.
where is the SEC? Oh, that's right, busy. Can somebody tell me if the stock market can put a value out that is LESS than the cash minus loans Apple has? Is that possible? Something is rotten in Denmark.
I've been thinking that the company is so profitable that it is being smacked down "for its own good" or something...possibly some macroeconomic thing in the market that means AAPL must be kept down. Also it gets sold to shore up fund losses on speculation, knowing the company will likely keep right on trucking. Still, why the price is hammered so low I don't get.
A lot of it is the click bait industry (it ain't journalism). It's obvious there is real hatred here.
Maybe it's Steve Jobs fault for being so snide to analysts. But geez that was a long time ago.
Actually, I think a lot of analysts and finance types don't get Apple because so much financial stuff is geared towards Windows, it's a different culture.
I keep hoping some firms would have motive to let the stock price rise a good bit higher, but it seems it is always suckered into yet another pump/dump scenario. These pump/dump events are happening more frequently, now we are up to what, 3 times a year? I am talking about times when after hitting a high the stock then drops 25-40%. Or are we now into a new roller coaster of every 2 months?
And you know what Tim Cook? I'm starting to like Apple just a little bit less myself after this baloney.
http://www.engadget.com/2016/05/02/lg-fingerprint-sensor-under-glass/
They are perfectly aware of what happened to RIM, Motorola, Nokia and the like. I've been saying for months that Apple is grossly over priced and what we see now is the market agreeing. Apple is high risk in the minds of many investors. It really doesn't matter what we as Apple fans think, it is the history of the cell phone industry that spooks people.