Ramish Cheema
3 min read
In This Article:
Apple Inc. (NASDAQ:AAPL) is one of the Jim Cramer Warns Viewers About FOMO & Discusses These 19 Stocks.
A wide view of an Apple store, showing the range of products the company offers.
Apple Inc. (NASDAQ:AAPL) is one of Cramer’s favorite companies, a position that he’s held despite the shares having lost 17.5% year-to-date. The firm has struggled due to investors’ disappointment with its AI strategy, troubles with Chinese manufacturing, and slowing iPhone sales. In this particular appearance, in a long-drawn discussion with co-host David Faber, Cramer stressed that he likes Apple Inc. (NASDAQ:AAPL) because of its user base and product quality:
“[On why he got sad as soon as Apple was mentioned] Okay because I think they’re gonna maybe miss this quarter but the 17 might not be selling that well. We got a President that went from I think very grateful for 550 billion dollars of spend here to being someone who I think, I don’t wanna say ridicule, but had some sport with Tim Cook, who is maybe one of the greatest if not the greatest executives of our time. I didn’t like that. He moved to China. That was supposed to be loved. But that turned out to be hated. So he moved to India, which is a country which we really wanted under our umbrella. And that he’s made sport of the Indian move. And he does not have an AI strategy, I’m talking about Tim Cook. And I wanted him to buy Perplexity, a month ago because Perplexity is by far the. . .
“No and then the revenue stream with Epic Games maybe you don’t get the 30% from them. They’re challenged on every front. . .As long as they have the greatest product in the world, I am going to support that company.
