Is the Apple of Jim Cramer's Eye AAPL?

Here's why Jim Cramer still feels bullish on Apple.
Publish date:

Don't forget the FANGs just yet.

Apple (AAPL) - Get Report is set to report earnings after the bell on Thursday, Nov. 1. 

The company will be the final FANG to report, so all eyes are on it. 

And for good reason, according to Jim Cramer. He believes that the company is a key for the market. 

In fact, one of the things spooking Cramer about this market is the possibility that Apple misses earnings expectations. 

Obviously, it's a company that investors should keep their eyes on. 

TheStreet's Eric Jhonsa broke down the key points for investors to look at after Apple's earnings release Thursday.

"On average, analysts polled by FactSet expect Apple to post September quarter (fiscal fourth quarter) revenue of $61.43 billion (up 17% annually) and GAAP EPS of $2.78 (up 34%). The revenue consensus for the seasonally big December quarter (Apple provides quarterly sales guidance in its reports) stands at $92.74 billion (up 5%)," wrote Jhonsa.

Here's a summary of the important points, according to Jhonsa.

  • iPhone volumes
  • iPhone trends
  • Services growth
  • Other products growth
  • Gross margin trends
  • China commentary and sales
  • Mac and iPad sales
  • Stock buybacks

You can read Jhonsa's full article here

TheStreet will be running a live blog on the earnings release and call, which will be run by Jhonsa. You can also follow along with @TheStreet on Twitter for live tweets on both the call and release.