Mad Money loves Apple

I recently watched an episode of Mad Money. Its that investing show with Jim Cramer, who acts like a crazy radio disc jockey playing all sorts of sound effects and lots of crazy sight gags. He is actually a former high end investment broker. Well on this last show he was wearing a large Apple make of cardboard, and taking bites out of apples from a large bushel basket of them. His point, was that many investors think that with Apple's latest great earnings report this past quarter that they should jump ship because Apple is as high as they can go. He says wrong, "Apple is the only company who has said what he has dying to hear, Apple cannot keep up with demand". In a recession, and consumer spending way down, Apple can't keep up with demand. And it is not just the iPhone either, according to Cramer it is there whole product line. He said "This may be the biggest technology company of all time, including Google, and Microsoft". Pretty amazing words. He points out that they only have 3% of the cell phone market and about 4% of the computer market, so there is huge growth potential. And he makes the comment, "Have you ever heard of someone who has switch to an Apple product regret it?, No, once an Apple customer always an Apple customer." I know he always throws in a bunch of showmanship but I think he believes his picks and then spins a wild presentation around it. You can see the episode on iTunes as a podcast. I think it was 10/20 and it is the first topic he covers. Go Apple the technology marvel.