Apple Inc. (NASDAQ:AAPL) is one of the stocks that Jim Cramer put under the microscope. Cramer mentioned the stock during the episode and stated:

Finally, on Thursday night, Apple reports, and this stock has been on an eight-week losing streak, although it has managed a nice 3% gain today. Much of this pullback is related to the rising cost of memory chips because these are key components for iPhones and Mac computers. Apple is now forced to choose between margin sacrifices or raising prices and possibly hurting demand. I want to see what kind of gross margins Apple is able to generate and hear from management how they think this might change in the future. I’m not bullish on the memory issue, but we did get some positive comments from an analyst about how the memory margin issue can be handled, and that could be why the stock was up $7.37. By the way, the first good day in many years.

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Apple Inc. (NASDAQ:AAPL) manufactures and sells devices such as the iPhone, Mac, iPad, along with its line of accessories and accessories. The devices are compatible with the company’s app ecosystem, AppleCare and cloud tools.