TheStreet’s Action Alerts PLUS Portfolio Manager Jim Cramer says lot of people think Apple is just a device company but the problem with that is that these devices do lead to a service stream. It’s the fastest growing revenue stream and it has really big margins. Wall Street is convinced this is just a device company. If you think this is just a device company, you should get out of the stock. If it were just a one product company the stock would go to $58 or $60. But Cramer totally disagrees and thinks the revenue stream for services is going to be very big.
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