That is interesting, it is hard to believe you can meaningfully have Apple 'compete' against McDonalds. But I guess like Cramer said, they are both just trying to grab numbers (and I guess it just looks like different strategies to the same end to the stock market).
Personally, I have no issues with the comparison -- they are both publicly traded companies. They have a stock price, profit and losses, price to earning ratios, etc. etc. etc. Brokers/Analysts/Fund Managers make these comparisons all the time.
Extending the comparison to products, specifically either new products or changes to products, that can have an effect those numbers is valid in my opinion... Now, calling these product changes "innovation" is arguable, but you have to call it something...
Martin Vajsar wrote:Wait a moment, please, this is meant to be a serious article?
It was about Jim Cramer, and no one has taken him seriously since Jon Stewart crucified him in front of a live audience.
Beatrice might have been talking about him, when she said:
William Shakespeare wrote:
none but libertines delight in him; and the
commendation is not in his wit, but in his villany;
for he both pleases men and angers them, and then
they laugh at him and beat him.
Wait, a minute. That's not right. She was talking about Benedick. Jim Cramer wasn't even born yet. Never mind.
Henry Wong wrote:Now, calling these product changes "innovation" is arguable, but you have to call it something...
For better or for worse, American Fast Food was a huge innovation and McD played a big role. In fact, considering the impact American Fast food has had all over the world and over generations, Apple still has at least 40 yrs to match that scale.