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Apple Inc. Message Board

  • texasholdempros texasholdempros Jan 25, 2013 8:02 AM Flag

    Cramer is right on.....

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    • For once Cramer shacked it:
      Apple (AAPL) took a 63 point nosedive after management reported earnings. Cramer doesn't think it was the declining gross margins or questions about market share that hurt the company the most, but the arrogance of management, which gave analysts the impression that the company doesn't need to justify itself. Cramer thinks that Apple is resting on its laurels because of its past greatness, and the once-growth company is now becoming more of a value stock; "Perhaps the guys at Apple don't even care." Cramer issued an open memo to Apple: Do something with your cash. Apple could be helped with a buyback, a dividend or an acquisition, but he doesn't see much upside in the stock for the short term.

    • Damage has already been done. Permanent damage to the band and to people lives. This is how Bernie's Madeoff victim's felt and it sucks. Sitting waiting, hoping, making plans to is something no living person should have to experience.

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