TheStreet's founder and Action Alerts PLUS portfolio manager Jim Cramer said Apple (AAPL) - Get Report is a triumph of the iPad and services revenue, which includes sales from iTunes. The stock is a holding of Action Alerts PLUS.

Apple's shares rose 4.7% to $1257.15 postmarket on Wednesday.

Meanwhile, in 60 seconds TheStreet's Brian Sozzi will tell you why Apple is going to a $2 trillion market cap by the year 2027.

Because, why talk about Apple at $1 trillion? That's old news, since it's likely to happen within the year.

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