Jim Cramer on Apple's Investment in Corning and the $1,000 iPhone

TheStreet's Jim Cramer said Apple AAPL CEO Tim Cook was true to his word when he told Cramer about the company's $1 billion investment fund.
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TheStreet's Action Alerts PLUS Portfolio Manager Jim Cramer said Apple (AAPL) - Get Report CEO Tim Cook was true to his word when he told Cramer about the company's $1 billion investment fund. Corning (GLW) - Get Report will receive $200 million from the fund.

Plus, Cramer referenced a Goldman Sachs note saying the iPhone 8 will cost $1,000.

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