Apple Just Gave You Another Reason to Like It

You keep getting another opportunity: Apple (AAPL - commentary - Cramer's Take). This stock opened down because we have a number from Microsoft (MSFT - commentary - Cramer's Take) that's not so hot. The one tech company that has nothing to do with Microsoft whatsoever is Apple.

And it does down?

Wrong.

Go over the Apple quarter. The iPod was bad. I am not denying it. But we do get a $600 tax rebate check coming in the mail, and it isn't all going to go to Safeway (SWY - commentary - Cramer's Take) and Exxon Mobil (XOM - commentary - Cramer's Take). There are a lot of well-off people who get this moronic handout, and they will be buyers of gadgets! The premier gadget in this country is the iPod.

Cramer: Don't Let Microsoft Bruise Apple

AT&T (T - commentary - Cramer's Take) tells you how much demand there is for the iPhone, and this is still the crummy first iteration of the iPhone before the price is even cut. The Mac blew me away -- me! And I don't know a bigger bull on that device.

I have to tell you that this market is so silly on a daily basis. The sectors, the ETFs, are totally in control, and you have to look for the anomalies that are being forced down by these broad shotgun blasts.

Remember, I am not endorsing the quarter as a reason to buy Apple. It didn't give you a reason. I am saying that Microsoft's weakness cannot be related to Apple, no matter what you do. Just too ridiculous. Next year's biz is driving this one, and it is all cycle.

The opportunities abound in this market. They just keep giving you chances.

This is one I would leg into. The PowerShares QQQ Trust (QQQQ - commentary - Cramer's Take) want to go down. Let it create better prices for you.

At the time of publication, Cramer had no positions in stocks mentioned.

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