Cramer Bets Big on iPhone Duo, Says Smart Home Devices Are Secondary

Jim Cramer recently urged investors to buy Apple stock due to its impressive iPhone Duo lineup. In a statement on X, Cramer emphasized that the Duo is 'AMAZING' and a key reason to invest in Apple.

The iPhone Duo, priced at $1,999, will be available for pre-order on October 16 and launch on October 23 in the US. This new device has generated significant buzz, with Cupertino shares rising by 1.1% during regular hours and an additional 0.37% after-hours.

Cramer's comments follow reports of Apple's upcoming product announcement on October 13, which is expected to showcase the company's smart home ambitions. The tech giant is reportedly preparing to introduce a new hub device, code-named J490, which will feature a 6-inch square display and voice recognition capabilities.