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'RealMoney' Radio Recap: Juicy Apple

Filling in for Jim Cramer, Aaron Task discusses iPod implications with money manager Cody Willard.

Satellite radio and other tech topics filled the airwaves Friday as Aaron Task stepped in for Jim Cramer on the

"RealMoney" radio show.

Task, co-executive editor of

, asked money manager and

contributor Cody Willard what impact

Sirius Satellite Radio's

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new handheld satellite radio might have on


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iPod. Willard said with 20 million iPods sold, users are already "locked in" to Apple's technology.

The question, Willard said, is whether Apple is able to become the de facto standard for portable music players. Any success there spills over into computers as people buy Macs to link with their iPods, he said. With 2% to 3% market share in computers, Apple has plenty of room for growth, Willard added.

Task also asked Willard about


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new Google Talk instant messaging application. Willard said Google Talk was all part of Google's strategy of "getting into the desktop."

In speaking about


, the voice over Internet protocol phone company that's reportedly near an IPO, Willard said the company had "huge growth ahead." Willard, who has business dealings with one of the founders of Vonage, said he would consider purchasing the stock in an IPO "at the right valuation."

A caller wanted to know if


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-- which is in Jim Cramer's charitable trust,

ActionAlertsPLUS -- had gotten too expensive. Task said he would "rather buy it under $30. It's looking a little vulnerable here." Gamestop traded at $33.98 Friday.

Willard added he believes GameStop is going to be in "the right spot" for Christmas and for 2006. The video-game product cycle is about to enter a two-to-three year up cycle, he said.

Another caller asked about the long-term outlook for

RF Micro Devices



Skyworks Solutions

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. Willard said he wasn't a big fan of either, saying he felt projections for cell-phone handset growth were too optimistic. "I don't think they're in a secular growth phase that I would want to be a part of," Willard said.

A caller asked if now was a good time to buy

Best Buy

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. Task believes it is. Best Buy is well-positioned to benefit from back-to-school buying, he said.

Willard also liked Best Buy but is growing more concerned about the impact of high oil prices on consumer discretionary spending.

A caller wanted to know if

Seagate Technology

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would be hurt by Apple's move to switch flash memory suppliers. Yes, said Willard, who added he had no interest in owning Seagate. He said he prefers




A caller asked about the outlook for

Countrywide Financial


. Task said he is worried about the effect of rising interest rates on the mortgage business. The


is targeting the housing market and is intent on tightening "until something breaks," he said.

Aaron L. Task is the co-executive editor of In keeping with TSC's editorial policy, he doesn't own or short individual stocks, although he owns stock in He also doesn't invest in hedge funds or other private investment partnerships. He invites you to send your feedback to