Parsing comments on the Apple (AAPL - Get Report) conference call TheStreet's Action Alerts PLUS Portfolio Manager Jim Cramer expects investors will see Apple make more m&a deals in the services space. 'Anything they do in services has great gross margins,' said Cramer and this quarter in fact, will be when you really see services break out with revenue there offsetting a decline in iOS revenue. Cramer said everyone who's on the fence should just get out...though it's not what he would do.

 

At the time of publication, Jim Cramer's charitable trust Action Alerts PLUS held no positions in stocks mentioned.