Hey, it's Kramer, and this is my morning take on the market from today's CNBC Investing Club morning meeting.

Let's go into Apple, reported last night a blowout quarter.

It's blow.

Great guidance.

Just in terms of the quarter, you'd revenue up 16% year-over-year, beat the consensus by $5 billion, driven by iPhone sales,

up 23% year-over-year.

That beat the consensus by $7 billion.

China, a massive upside surprise, sales up 38% services revenue, up 14% in line.

Gross margins better than expectations.

Gross margins and guidance for the,

for the current quarter, that was impressive. Some were even calling it shocking, given the

attention, the risk from rising memory prices. And the stocks down $1.50. I mean, right now,

historically, the bears have the megaphone when they've reported for the last few times.

It's being almost been up.

They've sent it down.

I think that the people at Apple are probably in disbelief because I think Apple's much more in control of its faith than everybody else.

This is an SOC problem.

It's a flash problem, which is N-A-N-D.

And, you know, they got to get long-term contracts. Those things are up outrageously. But what matters is to you, will you get hurt by it or will you buy an iPhone anyway? I think that the momentum to buy iPhone is one of the strongest I've ever seen it, particularly back in China, and the company's

not getting enough credit. Now, does that mean you should go buy it right now? I think it did

touch when it was down four or five. That would be the moment. It could be the moment again.

I don't think it's going to rally today, but I do think it should be bought. Yeah, I mean,

...