One Apple (AAPL) Perma-Bull Not Lining Up for Next iPhone for This Key Reason
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Price: $445.15 +0.68%
Overall Analyst Rating:
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EPS Growth %: -18.0%
Overall Analyst Rating:
BUY (= Flat)
Dividend Yield: 2.7%
EPS Growth %: -18.0%
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Places you won't find savvy stock selector Jim Cramer today: in line for an iPhone 5.
According to the Guru's Twitter stream, Crames is sticking with his Apple (Nasdaq: AAPL) iPhone 4S. One of the main reasons is fear behind losing Google (Nasdaq: GOOG) Maps for Apple's version, which has received less-than-spectacular reviews in recent weeks. To the Twitter!
@JimCramer: "I am keeping my 4S, not breaking my contract. One major reason--$GOOG maps is a fave, $AAPL maps? not sure...$GOOG maps in Mexico got me from one fabulous bar to another in San Miguel de Allende. Nice picture of my house, too!"
Cramer was asked whether Google Maps got him home safely in Mexico, to which he chortled and responded, " couldn't counter great local Mescal" A very true statement.
When asked whether Cramer was bearish on the iPhone 5, he responded, "not bearish on $AAPL 5, don't want to break contract for it."
Aside from Cramer, there are still plenty (and we mean plenty) of customers lined-up today waiting for the next iteration of Apple's cash cow. Shares of the Cupertino, CA-based OEM and media giant are up 0.7 ahead of the bell.
Following Jim here. And, of course, follow Streetinsider.com here.
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According to the Guru's Twitter stream, Crames is sticking with his Apple (Nasdaq: AAPL) iPhone 4S. One of the main reasons is fear behind losing Google (Nasdaq: GOOG) Maps for Apple's version, which has received less-than-spectacular reviews in recent weeks. To the Twitter!
@JimCramer: "I am keeping my 4S, not breaking my contract. One major reason--$GOOG maps is a fave, $AAPL maps? not sure...$GOOG maps in Mexico got me from one fabulous bar to another in San Miguel de Allende. Nice picture of my house, too!"
Cramer was asked whether Google Maps got him home safely in Mexico, to which he chortled and responded, " couldn't counter great local Mescal" A very true statement.
When asked whether Cramer was bearish on the iPhone 5, he responded, "not bearish on $AAPL 5, don't want to break contract for it."
Aside from Cramer, there are still plenty (and we mean plenty) of customers lined-up today waiting for the next iteration of Apple's cash cow. Shares of the Cupertino, CA-based OEM and media giant are up 0.7 ahead of the bell.
Following Jim here. And, of course, follow Streetinsider.com here.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
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