There Is One Thing Apple Must Do if It Wants to Truly Change the Game, Jim Cramer Reveals

Apple has to do this!
By Brian Sozzi ,

Apple (AAPL) - Get Report needs to finally debut wireless charging, TheStreet's founder and Action Alerts PLUS portfolio manager Jim Cramer says. 

Judging by what could soon happen with the Apple Watch, the tech giant could have several surprises in store soon.

Apple Inc.'s possible plans for an Apple Watch that connects directly to cellular networks would be a boon to cellular carriers and a disaster for rival smartwatch makers.

Bloomberg reported Friday that, while current Apple Watches require wireless connection to an iPhone in range, the company plans to release a smartwatch later this year featuring LTE chips that can perform the tasks iPhone-free.

While Apple doesn't break out Apple Watch sales numbers and the business is relatively insignificant, Bloomberg noted that Apple CEO Tim Cook described it as the best-selling smartwatch "by a very wide margin," with sales up 50% in the third quarter.

It's good news for shareholders of new Apple modem supplier Intel Corp. (INTC) - Get Report , which Bloomberg said is supplying the LTE modems for the new Watch. They're supplanting Qualcomm Inc. (QCOM) - Get Report , which sued Apple last month over alleged iPhone patent infringement, the latest in dueling lawsuits between the two companies.

Beyond Intel, the other big winners are AT&T Inc. (T) - Get Report , T-Mobile (TMUS) - Get Report , Sprint Corp. (S) - Get Report and Verizon Communications Inc. (VZ) - Get Report , which Bloomberg reports all plan to sell the new watch.

And the new phone would certainly be a blow to rival smartwatch makers Fitbit Inc. (FIT) - Get Report and Fossil Group Inc. (FOSL) - Get Report , which lack the new technology.

Apple is a holding in Jim Cramer's Action Alerts PLUS Charitable Trust Portfolio. Want to be alerted before Cramer buys or sells AAPL? Learn more now.

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