Filed under: Analysis / Opinion, Apple Financial
Jim Cramer smackdown includes talk of Apple
I don't know if you watched the Jon Stewart interview with CNBC host Jim Cramer on the Daily Show last night. Stewart and Cramer have been feuding for a week about Cramer's bad financial advice, and the lack of any deep or meaningful reporting on CNBC as the market was melting down. As part of the back and forth (and I suggest you watch the whole clip) Stewart pulled out an old interview with Cramer where he talked about hurting Apple stock by claiming neither AT&T or Verizon was interested in selling the iPhone.
Cramer was a hedge fund manager at the time, and may have wanted a quick short term profit by manipulating stock sales with misleading information. Cramer said it was legal, Stewart questioned the ethics. In the end, the SEC will have to decide.
AAPL seems to be one of the top tech stocks that is buffeted by rumors, good and bad. In this case, here's a guy telling us how it works.
Here's a link to the older interview on YouTube. The part about Apple begins about 3:30 into the clip.
Thanks Jose for the tip and the link.
Correction: One of our readers points out that Cramer was not running a Hedge Fund in 2006 but gave it up in 2001. Thanks Rick for setting the time line straight.
Nothing's funnier than geek humor, I suppose. Tonight's episode of 
Plug in your iPods,
folks, there's new content in the iTunes Music Store. Comedy Central has added David Spade's The Showbiz Show [
I must admit, I'm
really enjoying the comedy content in the iTunes Music Store. This morning, Comedy Central's Mind of Mencia has been
made available [
As of earlier this
morning (8:00 AM EST), there is a page for both The Colbert Report [
It's "new
content Tuesday" in the iTunes Music Store, and this week season 1 of Saved by the Bell [
Sorry, Lost.
Comedy Central's stand-up clips [
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