Cramer Quick Take: I Pick Apple Over Google
Cramer said that while both Apple and Google reported disappointing quarters, Google is frankly in a lot businesses that don't make a lot of money. He said the Android operating system doesn't make Google as much as Apple makes from its iOS platform and even in advertising, Google's bread and butter, the transition to mobile has been challenging.
Cramer reminded viewers that Google has a higher multiple than Apple as well, which is why he continues to prefer Apple, which is now well off its highs.
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-- Written by Scott Rutt in Washington.
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