This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Jim Cramer's Best Blogs

Action Alerts PLUS, which Cramer co-manages as a charitable trust, had no positions in stocks mentioned.

A Tale of Two Smartphones

Posted at 11:45 a.m. EDT on Friday, Sept. 28

Two phones I don't want. Two phones that had better sell well or else their stocks won't be able to rally. That's how I feel today about both the Apple (AAPL - Get Report) iPhone 5 and BlackBerry 10 from Research In Motion (RIMM).

Apple came clean this morning with CEO Tim Cook offering an apology for an Apple Maps application that has been universally panned. While Cook said that the feature will get better as Apple gets more data, I am not holding my breath, and you have to count me out as a buyer. I am thrilled with my iPhone 4S, and there's no way I am going to trade up to an iPhone 5 if the Maps app is a trade down. I use the Google (GOOG) Maps application pretty much every time I am on the road or in a strange surrounding. I have always felt OK with directions -- not great, not bad. But my 4S has made my navigation best in class. I have no desire to return to a world where I simply don't know where I am walking or driving.

Plus, there's no way to bridge it: You can't put Google Maps in if you want to, which is horrendous as it makes me feel that Apple's morphed into Microsoft (MSFT) in the days when it jammed you with an inferior browser because it simply could. What a terrible about-face from a terrific company that has always been willing to integrate the other guy's stuff if it was better than what they had made themselves.

As far as the BlackBerry 10, it sounds like a dynamite device, and I like the RIMM keyboard style very much, much more than the Apple's touchscreen.

But, after listening to Becky Quick grill CEO Thorsten Heins this morning, I am not sure when the darned thing is going to come out. His refusal to commit to a date, other than some vague first-quarter assertion makes me think that we could go six months before we see the device. Who can wait for that?

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Real Money
Try it NOW

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums


Chart of I:DJI
DOW 17,813.39 +1.20 0.01%
S&P 500 2,088.87 -0.27 -0.01%
NASDAQ 5,116.1430 +13.3350 0.26%

Our Tweets

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs