Jim Cramer Points To 1,000-Person Tokyo Apple Store Line As Proof Of Why AAPL Stock Keeps Defying Doubters - Apple (NASDAQ:AAPL)

Core Insights - The reopening of the Apple Store in Tokyo is seen as a significant event, highlighting Apple's strong performance and global customer engagement [1][3] - CEO Tim Cook emphasized the reopening as a defining moment for the company's interaction with customers [2] - Strong demand for the iPhone 17 series is contributing to positive sentiment around Apple's stock performance [3][4] Demand Indicators - Analyst Gene Munster predicts that iPhone 17 demand may exceed expectations, potentially enhancing Apple's stock value in the upcoming year [4] - Early demand indicators show strong lead times for the iPhone 17, suggesting further upside potential for Apple's stock [5] - Positive reception of the iPhone 17 in key markets like China and India is expected to boost Apple's stock performance [3][5] Performance Metrics - Apple ranks in the 73rd percentile for quality and the 64th percentile for momentum according to Benzinga's Edge Rankings, indicating strong performance in these areas [5]