Core Insights - Jim Cramer has highlighted Apple Inc. (NASDAQ:AAPL) as a significant stock, particularly after the recent iPhone launch, praising its new products and affordability through carrier plans [2][3] - Cramer emphasized the strength of Apple’s balance sheet, noting total assets of $364 billion and long-term debt of only $85 billion, calling it "the best balance sheet I've ever seen" [2][3] Group 1 - Cramer expressed enthusiasm about the potential deal between Apple and Google regarding the Gemini project, suggesting it would enhance Siri's capabilities and improve Apple's competitive position in AI [3] - The anticipated deal is described as a "billion dollar deal," which could significantly impact Apple's market perception and performance [3] - Cramer believes that the current price-to-earnings multiple for Apple is too low, indicating potential undervaluation in the market [3]
“Apple (AAPL)’s the Best Balance Sheet I’ve Ever Seen,” Says Jim Cramer