Jim Cramer Gives His Take on Apple's (AAPL) New Product Announcements

NEW YORK (TheStreet) -- TheStreet's Jim Cramer tells investors to stop trading Apple  (AAPL) , noting the stock's "interesting history" of declining in the two-week period around product introductions.

But Cramer also points out the stock then rallies and is "up gigantically" one year later, on average. Cramer says when Apple introduces a new product, the old products falter a bit as consumers wait for the new ones, which could mean a freeze on sales. He believes 2015 numbers will tell the tale and thinks the new products announced Tuesday will increase numbers.

As for the oft-rumored iWatch, Cramer thinks developers will start writing for it once the platform is available. He adds the IBM  (IBM) deal could come into play in terms of the watch and healthcare analysis because you need one company to be able to consolidate the information and give it to who needs it.

Cramer also thinks this is a major breakout with regard to mobile payments. He says if Apple did indeed get Visa  (V) , MasterCard  (MA) and American Express  (AXP) , "then it's game, set, match versus Samsung  (SSNLF)  and BlackBerry  (BBRY) ."

TheStreet Ratings team also rates Apple as a "buy" with a ratings score of A+. TheStreet Ratings Team has this to say about their recommendation:

"We rate APPLE INC (AAPL) a BUY. This is based on the convergence of positive investment measures, which should help this stock outperform the majority of stocks that we rate. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, expanding profit margins and solid stock price performance. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook."

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