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joeldcompton

joeldcompton
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  • Apple (AAPL +2%) roundup: 1) Jim Cramer states Apple is "becoming the J.C. Penney of tech," while suggesting sentiment has become too negative. 2) The state-owned Chinese press has become more positive on Apple following Tim Cook's apology letter. 3) The USPTO has reaffirmed the Oct. invalidation of Apple's "rubber-banding" patent, which was successfully asserted against Samsung. 4) Apple has hired much of the team behind the original Segway, including robotics expert John Morrell. No word on what project Morrell is working on. (Goldman[View news story]
    @veenadayal. Right on. I, too, initially thought Cramer was negative on Apple. However, having listened to the entire discussion, it seems to me that Cramer is slightly poking fun of GS and is in favor of Apple's basic health. Cramer says (my paraphrase): whatever Apple says now is going to be interpreted as bad news. Just as whatever Exxon says will be interpreted as good news, "anti-Apple." Anyway, my two cents.
    Apr 2, 2013. 05:35 PM | 2 Likes Like |Link to Comment
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