Cramer this morning punched the better-than-feared button.

Low expectations are the order of the day.
"The only constant here is the gullibility (or culpability) of the technology press." — The Macalope
From a note to clients by analyst Samik Chatterjee that landed on my desktop Monday.
Read More J.P.Morgan: High interest, low expectations for Apple tomorrow
The President of the United States, from the Oval Office.
Read More Video: What Trump said about Apple building a plant in Texas
Who told the President?
Read More Trump: No tariff relief for Mac Pro parts made in China — updated
This new chip, he says, could save Apple $2B per year in Qualcomm royalty fees.
Read More Gene Munster: Apple will need 3 years to roll its own 5G modem
For $1 billion: 2,000 employees plus equipment, leases and a ton of IP.
Read More Press release: Apple buys Intel's smartphone modem division
From a note to clients by analyst Amit Daryanani that landed on my desktop Thursday.
Read More Evercore: Been down so long 75-80 million iPhones looks like up
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