This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
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
EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stock Under $10 that he thinks could potentially double or triple in the next 6 to 12-months. See what he's trading today with a 14-day FREE pass.

After Today's Deals, the Math Is Simple

Stocks in this article: VZVODMSFTNOKAAPL

Nokia's a better play, because it will still have wireless infrastructure, mapping and a large intellectual property portfolio, plus all of that cash. Someone might take a run at it. That said, if you bought it on my July call, it is time to sell at least half and maybe all, because I wouldn't want to wait around for something to develop when it already has.

I think that the Microsoft deal smacks of desperation. Think of it like this: Apple's struggling with Samsung, and Apple is a brilliant company that really knows what it is doing. What has Microsoft done right in the last decade, other than Xbox? I can't think of anything.

The Verizon deal? I think that Verizon had been fed up with doing everything right and having to fork over so much money to Verizon Wireless to pay to Vodafone. It's almost as if Verizon's borrowing cheaply to buy back its own shares. That dividend's looking mighty good, too.

I keep thinking back to when I sat next to Microsoft CEO Steve Ballmer at our reunion and he showed me the Nokia phone. Frankly, it was fabulous. I couldn't believe how good it was.

But, in the end, many thought the Zune was superior to the iPod. Where the heck did that get you? A best-of-breed device doesn't mean that much if the game is already over. With Apple and Samsung, I think the game is over. Because, as much as I liked the Microsoft-Nokia phone, it simply isn't that much better. The differentiation isn't great enough. The market dominance of Apple and Samsung is too impossible to ignore. Unless Microsoft pays Verizon to take its phone, instead of vice-versa, I see nothing good here. As Verizon CEO Lowell McAdam told me today, he's going to wait by the phone for Microsoft to call and offer to pay -- but I shouldn't get my hopes up.

At the time of publication, Action Alerts PLUS, which Cramer co-manages as a charitable trust, was long AAPL.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management 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 extraordinary 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

Jim Cramer's protege, 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
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
DOW 17,719.00 +33.27 0.19%
S&P 500 2,052.75 +4.03 0.20%
NASDAQ 4,701.8670 +26.1550 0.56%

Our Tweets

Brokerage Partners

Top Rated Stocks Top Rated Funds Top Rated ETFs