But more important, said Cramer, what company in its right mind would want to buy a company whose business is in decline and directly competes with the likes of Apple ( AAPL)? These rumors, he said, just don't make any sense. If investors want to play in the smartphone space, why not just own some Apple, which is what Cramer does for his charitable trust, Action Alerts PLUS . --Written by Scott Rutt in Washington, D.C. To contact the writer of this article, click here: Scott Rutt. To follow the writer on Twitter, go to http://twitter.com/scottrutt. To submit a news tip, send an email to: firstname.lastname@example.org. To watch replays of Cramer's video segments, visit the Mad Money page on CNBC.