[dynachrome]

The email is possibly illegal, too. via Zero Hedge:

http://www.zerohedge.com/news/2015-08-24/did-tim-cook-violate-regulation-fair-disclosure-emailing-jim-cramer-save-aapl-stock-

“While we are delighted by Tim Cook’s subjective take of AAPL’s Chinese prospects, we have a different question: where is the public filing that accompanies this letter which constitutes nothing short of a private business update with an outside, and unregulated by Apple, market cheerleader?

Because as the AAPL reaction to Tim’s letter, which was clearly in Cramer’s private possession for at least 1 millisecond before it was made public (and thus we don’t know who else may have had access to it before its public dissemination), just how is this not a Regulation Fair Disclosure violation?”

[Cold Heat]

just how is this not a Regulation Fair Disclosure violation

I assume that is why it was made public....but then I always assume things....lol

[Cold Heat]

Page no longer found........:-)

[Swordmaker]

Because as the AAPL reaction to Tim’s letter, which was clearly in Cramer’s private possession for at least 1 millisecond before it was made public (and thus we don’t know who else may have had access to it before its public dissemination), just how is this not a Regulation Fair Disclosure violation?”

Recap of the arguments that Cook did not violate any regulations:

Cramer is a journalist who had a program that coincided with the open of market at 9AM on Monday. . . he received the responding email from Tim Cook to questions he had asked the CEO of Apple the previous evening at 8:15AM which gave him time to get it on his program. He was the one journalist with the capability to get it the widest possible dissemination. . . which it did get. The letter carried NO specific detailed financial data, only generalities. "we have experienced strong growth for our business in China through July and August. Growth in iPhone activations has actually accelerated in the past few weeks, and we have had the best performance of the App Store in China during the last 2 weeks." Nothing there is specific or detailed. . . or can count as "financial secrets" or as insider information that would give anyone an edge. It only counters the false information that is hammering AAPL from unknown sources that NEEDED to be countered and gotten into the news cycle ASAP.

Cook replied to a CNBC journalist asking specific questions and provided the answers to those questions. . . nothing more.

Apple Financial and Tim Cook email to Cramer Ping!

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