TheStreet's Action Alerts PLUS Portfolio Manager Jim Cramer said investors shouldn't trade Apple's (AAPL - Get Report) stock based on Friday reports that its iPhone has been pulled from China. 'It's not true,' Cramer said. The Wall Street Journal reported that Beijing regulators ordered Apple to suspend iPhone 6 and 6 Plus sales in the city amid concerns the device's design violated patents. CNBC reports the injunction is being blocked because Apple has already issued an appeal. Cramer also referenced the slew of price target cuts on Apple's stock made by analysts week.

This article was written by a staff member of TheStreet.