Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
Following Apple Inc. (NASDAQ: AAPL)'s earnings call Tuesday afternoon, Jim Cramer spoke on CNBC’s Squawk On The Street and provided some insight on the company, its future and its stock -- particularly, on why investors should own it rather than trade it.
Regarding this last point, Cramer explains: “this [Apple’s $18 billion record profit] is why I’ve been saying ‘don’t trade it, own it;’ because this is a mesmerizing quarter.”
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!
Best takeaway from $AAPL Call? I think that Apple is going to roll retailers like it did record companies..
— Jim Cramer (@jimcramer) January 28, 2015 He continues: “I think what’s so important is that those who felt that this is only an iPhone story, and that maybe one day it’ll be a worldwide story, this was a fabulous China quarter. They seemed to like the phones, different from what Steve Jobs said they would; they like a big phone.”
In fact, China revenue was up 70 percent, with only four stores (they’ll have 40 next year). Growth was also “absolutely stunning” in Brazil, Cramer points out.
Big surprises on $AAPL call: China, I-Pay, I-watch tease
— Jim Cramer (@jimcramer) January 28, 2015 Cramer also mentions this was an iPay quarter. He adds: “Tim Cook is going to roll every retailer...his credibility is the highest of any CEO right now. So, if he says he can’t live without the watch, and there’s 500 million people who have the phone."
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.