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The stories of alleged slowdowns in Apple's sales, like the Wall Street Journal's Monday report, are becoming "repetitive" even as many investors treat them as crippling revelations, Cramer said.
"This market will not be able to stabilize until Apple has stabilized," said the host of "Mad Money," whose charitable trust holds the Apple shares. He added that graphic experts have said that "everything is over, except crying" from the stock of the iPhone.
"My point of view? Apple is a long-term grasp, with its huge installed base that leaves a lot of growth room to the business services revenue stream. That's why you have it [and] do not negotiate it, he said. However, I can not blame a big client for dumping and, at least in the short term, I would not expect the stock to be at its lowest level until some analysts will not start to downgrade it.
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