Jim Cramer Highlights Tim Cook's Legacy in Apple's Growth Strategy

Jim Cramer argues that Apple's long-term growth remains robust due to the capital-return mechanisms established by outgoing CEO Tim Cook. Cramer emphasizes that Apple's aggressive share buyback program, which reduced the share count by over 40% since 2011, combined with consistent dividend growth and a strong balance sheet, has been the primary driver of the company's massive stock rally. Additionally, Cramer defends Apple's cautious approach to AI infrastructure spending, suggesting that the company's strategic capital allocation and lucrative search engine partnerships position it well for the future under incoming CEO John Ternus.