RealMoney Radio Recap: Best Buy Bonanza

The consumer is healthy, as investors can tell from news that home theater manufacturer Best Buy (BBY Quote) "blew away its numbers" when it recently reported earnings, Jim Cramer said on his "RealMoney" radio show Wednesday.

People kept hearing everywhere that the consumer was not doing well, so when Best Buy, "the poster child of discretionary income," reported a great quarter, it was a surprise to most, Cramer said.

"I mean, if things are so bad in the economy, then going to a store and buying a home theater isn't exactly the brightest thing to do," he said.

Cramer called Best Buy's quarter "the best barometer of the health of the U.S. consumer," since they sell everything people don't need.

Job growth is good; the glut of homes will be sold off and Best Buy's quarter is a sign that things are getting better, he said.

Moving on to Apple Computer (AAPL Quote), Cramer said that although there are plenty of products that try to compete against the iPod, "it is the standard."

People are willing to shell out money for the iPod rather than an equivalent product, because it's so easy to use, he said. And now after reading about iMovies on Tuesday, Cramer said Apple has become "a triple threat" with iMusic, iTV and iMovies.