Apple Earnings Preview With Jim Cramer

Katherine Ross

After a huge day for big tech as four top CEOs were grilled on Capitol Hill Wednesday, Apple, Amazon, Facebook and Alphabet are all set to report earnings after the bell Thursday. 

Apple has long been the apple of an investor's eye and a position in Jim Cramer's Action Alerts Plus charitable portfolio, but with the stock up over 80% year over year, can the momentum continue? Cramer is breaking down all things Apple LIVE:

Last week, Jim Cramer weighed in on what he's watching when Apple reports earnings after the bell on Thursday, July 29. 

"Well, Apple is just a case of, "Do I really want to sell it ahead of 5G?" And the answer is no, you have to be willing to pay a 30 multiple, a price that you would only pay for a company that's a subscription business that, that is at the heart of it. Apple has a lot of business that has huge heart, but I do think that their subscription business, everybody pays, you don't even know that you're buying things, and I want to look at that side. We get good news there. And I feel like they were going to be like Microsoft. You're going to say, 'Hey, you know what? You had a little decline on the news.' And then you had to buy it," Cramer said.

More: Apple Earnings: Addressing The Hot Questions Of The Week

Cramer has stressed that with the majority of the major companies reporting....cough...cough Thursday, it's best to close your ears and digest earnings report by report, but he'll be the first to tell you that a little homework never hurt anybody. 

Well, TheStreet's Katherine Ross and Cramer will be going live on Thursday, July 30 at 10:30 a.m. to discuss all things Apple.

And you can tune in right here on Street Lightning, but first, we want to hear from you. 

Have questions about Apple? Comment below and your question may be featured in our live show right here on StreetLightning.

LIVE WITH JIM CRAMER - WATCH THE REPLAY
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Comments (34)
No. 1-26
phytoloon
phytoloon

thank you

MACximize
MACximize

Jim, you are both enjoyable and informative. Keep it up!

julie iannuzzi
julie iannuzzi

Great show today! Love having you back live! Note to self.. if i like Apple >> buy it.

DanKuhn14
DanKuhn14

Editor

And that's a wrap. Thanks for joining us! A full replay and further commentary will be available soon right here on Street Lightning: https://www.thestreet.com/streetlightning/

Anuz Thapa
Anuz Thapa

Is it good to invest in Apple?

Anuz Thapa
Anuz Thapa

Waiting

LaGizInvests
LaGizInvests

Will Apple ever split and become affordable for newbies like me?

ccarter1969
ccarter1969

With Apple starting to move manufacturing to other countries than China, do you see their supply chain getting stretched too thin that it would cause stops in the production cycle to keep up with hardware production?

Debbiealoisio
Debbiealoisio

Could the recent stock performance cause AAPL to re-evaluate capital allocation?"

Shorelife
Shorelife

As a relatively new investor in my mid-30s I have watched Apple's stock for a couple months now. What key metrics tonight would indicate that now is a good time to initiate a position?
Thank you!

Goodmorning
Goodmorning

Hi, 20 years before retiring. New to equity market investing. Looking for growth in retirement account as well as savings. When should I pull the trigger on Apple and buy? Thank you

Bwana68
Bwana68

What industries and innovation do you see Apple moving towards in the future?

SDRyman
SDRyman

Will the IOS 14 IDFA update cause Apple to see less IAP revenue from large ad spending developers? Is Apple looking for revenue growth in measurement tracking sectors? Will more performance companies market apps on android since user ROI will continue to be measurable?

Ed4Orion
Ed4Orion

What is the likelihood that Apple will suffer a severe pullback even with a great earnings report like some of the other great companies did?

bennyheis
bennyheis

Apple always seems to find a way. I won't be fading them any time soon.

McInvestor
McInvestor

Hi Jim and Katherine!

Apple spends WAY too much money on buybacks and not enough on dividends: 4 to 1 ratio or so. They could double the yield on this puppy and attract a load of retirees to the stock.

Don’t you think so?

MDP858
MDP858

What is Apple Pay going to do to compete with Alipay? I went to Gordon Ramseys Fish and Chips in Las Vegas and could not use apple pay but I could use ali pay. I went to the Harrahs Southern California Resort cafe and the same deal. No Apple Pay but Ali Pay accepted.

What is Apple's reasoning for this? Why is this? Doesn't this hurt their financial sector plays? Shame on Caesars Entertainment for not supporting USA and pander to China.

TKM12020
TKM12020

Jim, I love AAPL but it's getting expensive given the small size of my diversified retirement portfolio. It's currently about 8% portfolio. I'm retiring in 15-20 years. Is this a reasonable allocation or should I sell some of my other positions and add more AAPL before the 5G wave becomes a reality?

nicoplays
nicoplays

Apple seems to be taking a greater stance on transparency in their upcoming iOS 14 update, like informing users in a notification when devices are collecting data from device clipboards.

Will purposeful and ethical decisions to protect user privacy have effects on their stock?

Dburkart
Dburkart

Apple seems it would like to become a Fintech bank. How much value is this Apple Card or Apply Pay?

chuckieR
chuckieR

Hello from the PNW! My Q; will the iPhone 12 ship in Oct.? Feels like the world is bullish on 5g iPhones... bet the house!

LearningThe Street
LearningThe Street

What will cause a pull back in Apple prices? DO you agree its current price has run way ahead of itself?

Lori W
Lori W

Are the tensions between the USA and China going to affect sales in China when you roll out 5g phones?

vkap
vkap

With Apple focusing increasingly on services revenue doesn’t it make sense for Apple to focus more on monetising it’s iCloud service to provide an alternate to other cloud services? The office tools are hardly making money for Apple It seems.

bykatherineross
bykatherineross

Jim and I are so excited to go live tomorrow! Please send in your questions so that we can answer them!


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