Apple Astonishes By Jim Cramer About this article: Apple is amazing. I read the key pieces of research this morning, and nobody pounded the table. In fact, I found the chatter mostly neutral to negative. But the stock knows better. Here is a company that delivered a huge beat on the iPhone, which is beginning to feel, at least to me, the way iTunes did a few years ago when there were still credible, well-funded music alternatives. Remember Microsoft's ZUNE? In fact, at a time when people are supposed to be staying away from discretionary spending, the iPod's increase was stunning. Yes, the actual PC business was weaker than I would like, but then again, that business is not why you own this one. I also felt it was interesting that nobody's focusing on the Steve Jobs factor. They are focusing on the well-disciplined management of the gross margins here, which were truly extraordinary. At this juncture, Apple remains... Or, call us at 1-866-321-TSCM (8726) Monday-Friday, 8 a.m.-6 p.m. ET. Outside the U.S. and in Canada, call 1-212-321-5200.

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