Cramer's Morning Take: Apple 6/26/24
Squawk on the Street
CNBC
4.1 • 567 Ratings
🗓️ 26 June 2024
⏱️ 4 minutes
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| 0:00.0 | I'm Jim Kramer and you're about to hear a sample taken directly from today's |
| 0:06.5 | CBC Investing Club morning meeting. |
| 0:09.0 | An upgrade of Apple. |
| 0:11.0 | Rosenblatt is hopping things out as well. |
| 0:13.0 | I was surprised that Barton Crockett would have that much reach but he did talk about |
| 0:17.0 | something that Tim Cook and I talked about that we were both surprised at the World, |
| 0:20.0 | W.WDC didn't about, which is the privacy. |
| 0:23.0 | There's a generation of people who are out of touch with Wall Street |
| 0:26.6 | and Wall Street's out of touch with them, |
| 0:27.9 | which is that they want privacy more than anything. |
| 0:31.3 | And Cook was well aware of that, |
| 0:33.1 | and the people who cover the company aren't. |
| 0:36.4 | Yeah, it also sounded like he was trying to, and this is the analyst, separate the investment |
| 0:40.7 | case from Apple away from other magnificent seven names because they don't have that |
| 0:45.8 | CAPX burden as some other, as Alphabet, Meta, Amazon do and what they had in what they're |
| 0:52.5 | spending on data centers. |
| 0:54.6 | Yeah, what people didn't realize is this two billion possible base, not one billion hardcore |
| 0:58.7 | of Apple users, can tip the balance in favor of you having the bragging rights and you having |
| 1:05.4 | enough visibility to be the winner in what is really a scrum now from Gemini and |
| 1:10.6 | ChatGapit and |
| 1:12.5 | Claude. I've been on Chatchip. I went back to ChatGBTGBT.T. Abandon Claude for a while, |
| 1:18.1 | just because Claus, to me, it's not up to date, but you have to constantly check. |
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