Apple (AAPL) Stock Climbs as Cramer Hypes “Amazing” iPhone Duo

TLDR

Jim Cramer is informing financiers to purchase Apple stock. Not for the factor the majority of individuals anticipate.
The CNBC host published on X Wednesday that individuals need to purchase Apple due to the fact that of the iPhone Duo. He called the collapsible phone “fantastic.” Cramer was clear that his buy call has absolutely nothing to do with Apple’s other huge item coming later on this month.

This iPhone duo animation pic.twitter.com/y7NftWpyXS

— Marques Brownlee (@MKBHD) September 9, 2026

Apple stock closed up 1% throughout routine trading hours on Wednesday. Shares then ticked greater in after-hours trading, reaching $334.25, a gain of 0.37% according to Benzinga Pro.

Apple Inc., AAPL

The iPhone Duo brings a beginning cost of$1,999. Pre-orders open October 16, with the gadget striking racks in the United States on October 23.
Cramer’s remarks followed a report from Bloomberg’s Mark Gurman. Gurman stated Apple is preparing to introduce a different item on October 13. That gadget is a wise home center with an integrated display screen.

What We Know About the Smart Home Device
The center is supposedly code-named J490. It’s anticipated to have an approximately 6-inch square screen.
The gadget will apparently acknowledge users by voice. This would let it provide individualized actions based upon who is speaking with it.
Apple is likewise preparing updates to the HomePod mini and Apple TELEVISION. Both items are anticipated to get a rejuvenated Siri assistant as part of the rollout.
The HomePod mini will apparently can be found in brand-new colors, consisting of green and pink. Cramer particularly stated his buy suggestion is connected to the Duo, not this wise home push.
Apple has actually dragged Amazon.com and Alphabet’s Google in the wise home area for several years. The October 13 occasion offers the business an opportunity to reveal it can complete.
It likewise lets Apple show development on AI. The business has actually postponed its updated Siri assistant numerous times currently.
Early Demand Signals for New Products
Counterpoint Research approximates Apple might offer about 6 million iPhone Duo systems in 2026. That’s a noteworthy volume for a gadget beginning at almost $2,000.
There are likewise early indications of strength in other places. First-week sales of the iPhone 18 Pro in China increased 12% year over year.
Apple recorded 33% of smart device sales in China throughout that determined duration. Experts state this recommends buyers want to pay more for higher-end designs.
Apple’s last reported quarterly EPS can be found in at $2.02. That beat the agreement price quote of $1.89.
Earnings for that quarter reached $109.42 billion, up 16.4% from the very same duration a year previously. The business likewise stated a quarterly dividend of $0.27 per share, paid in August.
Not whatever has actually been smooth for Apple just recently. The business covered a zero-day vulnerability apparently utilized in attacks targeting iPhone crypto wallets.
A UK class-action case over App Store market limitations was likewise permitted to continue. Apple did not react to an ask for discuss Cramer’s remarks.