Jim Cramer: I’m Focused on Apple’s Services Business

TheStreet's Action Alerts PLUS Portfolio Manager Jim Cramer is paying attention to Apple's (AAPL) - Get Report services business. 'I love going into an Apple meeting where nobody cares,' Cramer said, referring to Monday's Apple event where the company is expected to unveil smaller-sized iPhones. 'I like the services business - it's 14 percent of their business right now and I think that could expand.' Cramer said investors should own Apple and not trade it. The stock is a holding of his charitable trust, Action Alerts PLUS.

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