On July 17, 2025, during “Mad Money” and “Squawk on the Street,” American television personality, author, and former hedge fund manager Jim Cramer expressed concerns about Apple’s stock amid ongoing challenges but remained supportive of the company. He suggested that Apple could significantly boost its AI credentials by acquiring Perplexity, stating, “Apple could come in and become number one in AI immediately if it bought Perplexity.” This comment reflects his view that Apple needs a bold move to address its lagging AI strategy, especially after losing key AI talent like Ruoming Pang to Meta. Cramer also acknowledged investor worries following the announced retirement of COO Jeff Williams, noting, “Those of us who have backed Apple are worried.” Despite these concerns, he defended Apple’s value, emphasizing its iconic product, saying, “Can we just recognize that Apple is a gem?” and highlighting the iPhone’s global appeal. He expressed frustration with the market’s reaction to trade tensions, particularly with China, where Apple manufactures most iPhones, but urged investors to focus on the company’s long-term strengths. MacDailyNews Take: On that note, beloved interns, Tap Those Kegs! TGIF! Prost, everyone! Support MacDailyNews at no extra cost to you by using this link to shop at Amazon. Support MacDailyNews at no extra cost to you by using this link to shop at Amazon. The post Jim Cramer: ‘Apple could become number one in AI immediately if it bought Perplexity’ appeared first on MacDailyNews. You're currently a free subscriber to MacDailyNews. For the full experience, upgrade your subscription. |
Friday, July 18, 2025
Jim Cramer: ‘Apple could become number one in AI immediately if it bought Perplexity’
Subscribe to:
Post Comments (Atom)
Apple needs a killer AI Siri to fuel upgrades from older iPhones
Apple long ago missed its deadline for launching an AI-supercharged Siri, but the company now says it’s finally on track to deliver the upgr...
-
Apple, aiming push more urgently into the smart home market, is said to be nearing the launch of a new product category: a wall-mounted disp...
-
Substack is covering the cost of your first paid month of MacDailyNews by MacDailyNews. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ...
-
Thank you for reading MacDailyNews. As a token of our appreciation, we're offering you a limited-time offer of 20% off a paid subscript...


No comments:
Post a Comment