Jim Cramer Shed Light on These 10 Stocks Recently

4. Apple Inc. (NASDAQ:AAPL)

Number of Hedge Fund Holders: 156

Apple Inc. (NASDAQ:AAPL) is one of the stocks that Jim Cramer recently shed light on. Cramer discussed the company’s AI strategy during the episode, as he commented:

“Now, though, let us talk about what really matters. What happened today? Google and Apple, that’s what happened because they are today’s example of the dreaded, dangerous concentration… Was I a moron… perhaps deserving endless opprobrium for what I did here? No. You see, fortunately, I didn’t worry completely about concentration. I had a credo about Apple… Own it, don’t trade it, I said. I needed it because in the trial, we learned that Google paid more than $20 billion to exclusively preload its search engines into Apple devices…

It turns out, though… Google still has to pay Apple for that deal. Otherwise, the ruling would just be a handout to an aspiring monopolist. [The] judge actually said that. You know what that means? I want you to listen to this. It means that Apple no longer needs to pay one of these hyperscalers money or buy a bot like a Perplexity for billions of dollars. Instead, all these bot companies will now probably have to compete to pay Apple [for] access to those more than… [over 1] billion users. That’s right. There isn’t a clear winner right now in the chatbot space, but if you can pay Apple a fortune to make yours the default, someone’s going to write that check. One of these companies is going to secure their Google-like status in AI, leaving behind a bunch of Bings who’s spending billions for naught. Yesterday, Apple had no cards. Today, [they] have all cards. Turns out, Apple always had an AI strategy: pay to play.”

Apple Inc. (NASDAQ:AAPL) develops and sells smartphones, computers, tablets, wearables, and accessories under brands like iPhone, Mac, iPad, and Apple Watch. Moreover, the company provides cloud, support, and subscription services including Apple Music, Apple TV+, Apple Pay, and the App Store.