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More Squawk from Jim Cramer: Apple (AAPL) Needs a Nike Wearable to Boost Revenue

2016-01-12 18:44:46| Footwear - Topix.net

"It's no longer a momentum stock," Cramer commented, adding that the company is a "liability" unless they can find another revenue stream . "They need to do it with Nike," he urged, advising Apple CEO Tim Cook, who is on Nike's board, and Nike CEO Mark Parker to work together on a wearable device priced in the $200 range.

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