Apple Unveils iPhone 17 as Cramer Labels It His ‘Quarterback Stock’

Core Viewpoint - Apple Inc. has recently unveiled its iPhone 17 lineup, which has attracted significant attention from investors and analysts, particularly Jim Cramer, following a favorable court ruling that positively impacts the company's outlook [1][2][3]. Financial Performance - In the third quarter of 2025, Apple reported revenue of $94 billion, reflecting a 10% increase year-over-year. The revenue from iPhones specifically rose by 13% year-over-year, driven by the popularity of the iPhone 16 family [2]. Product Launch - The iPhone 17 lineup includes the ultra-thin iPhone Air, new smartwatches, and upgraded AirPods, which have sparked consumer interest and excitement [2]. Legal and Regulatory Environment - A significant court ruling on September 2, 2025, favored Apple by preventing a forced divestiture of core assets, contributing to a positive outlook for the company [3]. Institutional Support - Apple is backed by strong institutional interest, with 156 hedge funds holding ownership stakes, which enhances its positive market outlook [4]. Company Background - Founded in 1976 and headquartered in California, Apple Inc. is a global leader in consumer electronics, known for pioneering products such as the iPhone, Mac, and iPad, along with its software and services [4].