NEW YORK (TheStreet) -- TheStreet's Jim Cramer says the latest stellar earnings from Apple (AAPL) - Get Apple Inc. (AAPL) Report on Tuesday prove why he has said for the past year to hold the stock and not trade it.
Cramer says CEO Tim Cook delivered incredible numbers on sales in China and on sales of the iPhone 6 and iPhone 6 Plus. But most importantly, he says Cook's tease about the Apple Watch, which is that "you can't live without it," and Apple Pay will carry the rest of the year.
Cramer adds he expects solid corporate adoption of the iPad, a product about which some investors have been worried.
Must Watch: Jim Cramer: Apple Earnings Show Why He Always Says Hold Apple
Cramer says he anticipates Skyworks Solutions (SWKS) - Get Skyworks Solutions, Inc. Report , Avago Technologies (AVGO) - Get Broadcom Inc. Report , NXP Semiconductors (NXPI) - Get NXP Semiconductors NV Report , and ARM Holdings (ARMH) to rise off of Apple's earnings. Apple itself should also rise, he says, and he's not changing his view of Apple at all. Cramer believes the stock is still very inexpensive even after its latest run.