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

Apple Doesn't Give a Damn if Analysts Understand What It Does

NEW YORK (TheStreet) -- The reaction to the Apple (AAPL - Get Report)/Beats news exposed much of the financial and tech media for the intellectually incapacitated nitwits they are. Almost categorically, these people skewered the deal, largely on the premise of If my friends and I can't understand it, it must not be good.

As a Twitter (TWTR) buddy of mine noted in a direct message Friday:

It's been very one sided today. These analysts would make terrible chess players, they can't think more than one move ahead.

Bingo. The analysts aren't very good at visioning and considering the broad implications and possibilities of a development they can only conceive in here-and-now concrete terms. Beats Music isn't very good right now. So the deal's bad. A sizable chunk of people apply the same criticisms to Beats headphones as Apple haters do to Apple products (it's all about the marketing!), so the analysts pan the deal as "bad," "difficult to make sense of" and "not easy to understand."

But -- from the Wall Street population to the media echo chamber -- remember who these people are ...

Must Read: Investors Shift From the DJIA and S&P 500 to the Nasdaq and Russell?

For nearly three years we endured faux Pandora (P) killer after faux Pandora killer. Each and every time it was supposed to die, Pandora staved off seemingly competitive salvos as investors hastily and misguidedly sold off its stock. Now, when Pandora suddenly finds itself in a situation where it is vulnerable and the things that happen around it matter, its stock didn't crash, but actually went up on the Apple/Beats news. To clarify, it wasn't the mere news of the deal that impacted the stock, it was the reaction from the aforementioned nincompoops that provided Pandora shares support.

This is all beyond the height of inanity. And the Pandora illustration only begins to scratch the surface of Apple/Beats-related double cheeseburger inanity.

On Page Two ... like Paul Harvey always did, I start digging deeper.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

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
Quant Ratings

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
Stocks Under $10

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
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

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
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

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
Only $49.95
14-Days Free
14-Days Free
AAPL $94.31 -0.91%
FB $118.10 0.57%
GOOG $699.20 0.99%
TSLA $229.23 -1.30%
YHOO $35.83 -0.50%


Chart of I:DJI
DOW 17,667.22 -83.69 -0.47%
S&P 500 2,049.79 -13.58 -0.66%
NASDAQ 4,726.5910 -36.6330 -0.77%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs