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October 27, 2010

It's Time for Some Cold, Hard Truths

Jim Cramer, TheStreet.com

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This post first appeared Tuesday on RealMoney. Click here for a free trial, and enjoy incisive commentary all day, every day.

It is beleaguering. Beyond belief. Let me give you some examples of the struggle. Apple (AAPL). Before the tablet came out, when the company first revealed the name of it, the iPad, the catcalls were incredible. Amazing, even. "What was this superfluous device, something no one needed because we had smartphones and netbooks? Why did we need this gizmo? Who would possibly get it?" Now, less than a few months later, the possibility of selling 40 million iPads -- that's right, 40 million -- may be in the cards if the company can simply make them to meet worldwide demand. Where are all of the people who laughed at the device? Where are all the snickerers...
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TAGGED: stocks, Jim Cramer

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