Friday, January 25, 2013

Cramer: Do Something With That Mountain of Cash, Tim Cook of Apple

(c) 2013 F. Bruce Abel

Because of the immense importance of AAPL, last night's Cramer makes it clear that AAPL will not go up or be out of the doghouse until it announces that it's going to "do sommething with that mountain of cash."  $137 Billion.  This perforance last night was equivalent to Cramer's rant which caused Bernanke to do exactly what Cramer demanded.  Will Cook do the same? Until he does AAPL is dead in the water.