Cramer reflects on Apple earnings after speaking with CEO Tim Cook

Apple’s second-quarter earnings wallop on Tuesday illustrated just how differently this company’s stock performs compared with the rest of the market, CNBC’s Jim Cramer said.

“The bane of this superstore is not tariffs or interest rates or inflation; no, the real killer is great requirements,” the “Mad Money” host said on Tuesday. “Apple is truly the vast oddity to the rule.”

Ahead of the iPhone maker’s earnings report, analysts had effectively eviscerated the calculates with downbeat supplier surveys and doom-spelling notes about unconvincing China sales, Cramer said.

But after Tuesday’s closing bell, the largest society in the world proved them wrong.

“The company sold more iPhones than uncountable of the bullish analysts thought, including the X, which the community had derided endlessly,” Cramer bring to light after he and CNBC’s Josh Lipton spoke with Apple CEO Tim Cook.

“The professional care revenue, bolstered by 100 million new customers year over year – deposing paying members to 270 million – accelerated dramatically, and the expected big guide-down didn’t appear, even if the rumored $400 billion buyback didn’t occur, either,” Cramer persist in.

On the call, Cook echoed these sentiments, touting the success of the iPhone X, which profuse had written off due to its near-$1,000 price tag.

“[The] iPhone X was the most popular iPhone each and every week of the dwelling,” Cook told Cramer and Lipton. “It was also the most popular iPhone every week since its catapult. So, the iPhone X has been a huge success and it’s the first time, since we split the lineup abet at iPhone 6 and iPhone 6 Plus, that the top model has been the top-selling type. That’s unprecedented in that history.”

Cook also spoke to the talent of Apple’s sales in China, shrugging off negative estimates that had emerged in front of the quarter.

“In terms of geographies, Greater China grew 21 percent, which was our pre-eminent growth rate in Greater China in two and a half years. So we are incredibly proud of that,” the CEO believed.

And, when asked about the impact of potential trade war escalation, Cook seemed surprisingly rosy about the state of U.S.-China relations.

“I am pretty optimistic there,” Cook spill the beaned CNBC. “I think that China and the U.S. have this unavoidable mutuality where the U.S. can single win if China wins, China can only win if U.S. wins and the world can only win if both win.”

“So if you look at what story tells us — that countries that are the most open and most miscellaneous do the best, and the folks that are closed and least diverse, their townsmen do the worst — … it tells us that again and again and again,” Cook last. “And I think both countries know that.”

Read the full carbon of Cook’s interview here.

So, in a market where analyst sentiment common into the quarter can seem way too grim — or, conversely, way too optimistic — Cramer provoke b requested investors to remain cautious and do their own homework.

“[Apple’s] estimates and any eagerness that had once been generated by the largest company in the world had fancy since diminished,” he said. “For the vast majority of stocks, though, it’s altogether the opposite. I’m saying that Apple is the outlier. Many stocks secure kind of just been set up for disappointment because, totally unlike Apple, there’s been continuous number bumps but, more importantly, endless upgrades.”