Jim Cramer says Apple stock can 'blow through' records on real iPhone data out of China

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Jim Cramer says Apple stock can 'blow through' records on real iPhone data out of China
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New Counterpoint data is the second positive iPhone report this week after a recent slew of mixed Wall Street analysts' commentary.

Apple stock was on track to close at a record high Friday after positive new data about iPhone demand in China . The news Sales of the new AI-enabled iPhone 16 in China jumped 20% in the first three weeks since going on sale there, according to Counterpoint Research data released Friday. That compares to the same post-launch period in 2023. The new Pro and Pro Max were particularly strong there.

The Huawei flagship store and the Apple flagship store are seen at Nanjing Road Pedestrian Street in Shanghai, China, September 2, 2024.stock was on track to close at a record high Friday after positive new data about iPhone demand in China.

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