Benefit From Apple's Success by Investing in These Names Instead

Investors can profit from Apple's (AAPL) success by using the 'buy the bullets, not the gun' strategy and buying names of companies that make components of Apple products, according to RealMoney Pro contributor Chris Versace. After reporting impressive second-quarter results on Monday, beating earnings and revenue estimates and posting surging iPhone sales, Versace weighs in on what he calls a 'great quarter' for the company and reveals his outlook on Apple going forward. But after the stock reached a new all-time high following the results, Versace says it would be wise for investors to look to companies like Qualcomm (QCOM), Skyworks (SWKS) and Cirrus Logic (CRUS). He also reveals what stocks he recommends to play the Apple Watch.