Apple Unveils iPhone 17 as Cramer Labels It His ‘Quarterback Stock’
Apple Inc. (NASDAQ:AAPL) is one of the 12 Jim Cramer Stock Picks this Week.
The company unveiled its iPhone 17 lineup, following a favorable court ruling, and garnered Cramer’s attention.
Apple Inc. (NASDAQ:AAPL) recorded revenue of $94 billion, up 10% year-over-year, in the third quarter of 2025. The iPhone revenue went up by 13% year-over-year, owing to the popularity of the iPhone 16 family. Recently, on September 9, 2025, the company unveiled its new iPhone 17 lineup, including the ultra-thin iPhone Air, new smartwatches, and upgraded AirPods, kindling consumer interest.
However, the positive outlook for the company is heavily attributed to a court ruling on September 2, 2025. The ruling favored Apple Inc. (NASDAQ:AAPL) significantly as it prevented a forced divestiture of core assets. Calling it his quarterback stock pick, Jim Cramer pointed to the company’s favorable relationship with the Trump administration, its lucrative deal with Google, and growing sales as positive signs.
The company, with 156 hedge funds holding ownership stakes, is strongly backed by institutional interest, which magnifies its positive outlook.
The multinational technology company, Apple Inc. (NASDAQ:AAPL) was founded in 1976. Headquartered in California, the company is a global leader in consumer electronics and known for pioneering products like the iPhone, Mac, and iPad, as well as its software and services.
While we acknowledge the potential of AAPL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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