Jim Cramer explains why the analysts are wrong about Apple's new products and why investors should buy the stock.
Apple's stock dropped during the trading session because its batch of new products failed to impress the folks on Wall Street, CNBC's Jim Cramer said Monday.
"These are all services for the 99 percent of America, not the 1 percent. And to the analysts who are a part of the 1 percent, these perks mean nothing. They don't care about saving a little extra money," he said."They want Apple to change the world, not save you maybe $100 a month. But to most Americans, $100 a month is a godsend."
"If Apple did these deals, they could convert many of the analysts into believers, and that would get the stock moving right here, right now," he said.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Factbox: Spielberg, Oprah to make shows for Apple's new streaming serviceApple Inc unveiled an all new Apple TV app and a streaming service called Apple ...
Read more »
Apple TV+ joins crowded market for streaming optionsApple Inc unveiled its Apple TV+ original content streaming service and Apple TV...
Read more »
Olive Garden-parent Darden isn't screaming a recession is coming, Jim Cramer saysJim Cramer explains why Chicken Alfredo sales at Olive Garden could help investors gauge the health of the U.S. economy.
Read more »
Watch Apple's March 2019 'Show Time' event in 13 minutesApple debuted many long-awaited services at its 2019 'Show Time' event, including Apple News+, Apple Arcade, Apple TV+, and an Apple credit card.
Read more »
Here's everything Apple announced on Monday-Apple TV+ -Apple News+ -Apple Card -Apple Arcade Here's everything Apple announced on Monday. AppleEvent
Read more »
Cramer: Buy Nike's pullback because the company will over deliverJim Cramer says don't sweat Nike's conservative guidance.
Read more »
Cramer Remix: Apple could decline, no matter what new products it announces on MondayJim Cramer explains why the Apple bears could come out of hibernation after its big announcement on Monday
Read more »
Wall Street rises as Apple, tech shares climbAn Apple-led tech rally pushed Wall Street higher on Thursday as jitters over th...
Read more »
Apple launches Netflix for news, with Los Angeles Times, Wall Street Journal participatingBreaking: The Los Angeles Times is joining a new paid subscription news service created by Apple that offers customers who pay a monthly fee access to articles from a selection of publications, many of which are otherwise behind paywalls.
Read more »