Apple (AAPL)’s The Place to Go If You Want to Make Some Money, Says Jim Cramer

We recently published 10 Stocks Jim Cramer Talked About.  Apple Inc. (NASDAQ:AAPL) is one of the stocks on Jim Cramer talked about.

Apple Inc. (NASDAQ:AAPL)’s been in the news as the year starts to settle. The firm made the news earlier this week after it announced that it would use Google’s Gemini to power an upcoming version of Siri. The announcement was key as far as Cramer was concerned since he had predicted that it would occur as the stock struggled at the start of 2026. Along with the CNBC TV host, analysts have also been busy discussing Apple Inc. (NASDAQ:AAPL)’s shares this month. For instance, Bank of America kept a Buy rating and a $325 share price target as it commented that strong services growth and iPhone demand could create favorable outcomes in the upcoming report. However, Keybanc maintained a Sector Weight rating, sharing that its spending index for Apple Inc. (NASDAQ:AAPL) had dropped below the three-year average. Cramer discussed the consumer technology company’s deal with Google, his discussions with SVP Services Eddie Cue, and the shares:

“Well look it’s nutty to try to figure out the impact away from that. But, you know, Carl you can sit there and you can think, who can’t be regulated by the government directly. Maybe they have a better shot. Would the President say, you know what I don’t like how much Apple is charging for services? They made too much money. Which is something we’re going to hear this morning, Apple just announced that service business is terrific, something which by the way is exactly the opposite of what Wall Street is saying.

“And by the way Carl, we’re not even talking about Apple having better than expected service revenue. Apple’s been down, down, down since the year began because people think the service revenue is going to be disappointing. That’s clearly wrong, we’ve got a statement on the tape today saying it’s actually pretty good, so let’s keep that in mind.

“You know Apple’s been a big dissapointer since the year began and the reason is frankly people felt that services were coming down, that literally the numbers would be too high for Apple because of that. I spoke to Eddie Cue, obviously very important number two at Apple, and it’s just the opposite. Services are incredibly strong, much stronger than people expect. All the people who thought that that was not the case are dead wrong. I think the numbers will come up, they can’t do that yet. And. Eddie also told me, look, Gemini’s the winner. It looks like Apple foundation model is going to be built on Gemini, there are a lot of people who felt that who is, maybe their going to do a fair look, they did, they did a fair look and they decided, Google is the best. So it’s really fabulous for Gemini, and I would argue, it is really good for Apple.

“Yes, those businesses are all better than expected. Now, services, fantastic gross margins. Apple should be up. The fact that Alphabet’s down is just plain stupid. That’s been a big winner all morning. So I just say those are the two places to go if you wanted to make some money, Eddie Cue, very optimistic, to me it seems the numbers are just plain too low, and the people who’ve been selling it, are dead wrong. You want to own Apple, not trade it, it’s been the right thing to do, it’ll be the right thing to do today.”

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Disclosure: None. This article is originally published at Insider Monkey.