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Buffett Isn't So Sure About Apple Services, Here's What Has Jim Cramer Confident

On Thursday, Warren Buffett said that he wasn't sure how well Apple's services would perform. Unlike Buffett, Jim Cramer feels pretty good about Apple's new services--in particular, Apple's new card. Apple has helped to transform human behavior so that now nearly everyone is inextricably tethered to a cell phone, with mobile access to e-mail, Web browsers and apps to displace CD players, calculators, maps, alarm clocks, metronomes, dictionaries and chess boards, reported TheStreet's Bradley Keoun. Apple Card, the group's first foray into the credit card business, is likely to be the most profitable of the four new services revealed Monday in Cupertino, analysts have said, although there are questions as to whether the competition it will bring to other bank card provides, such as JP Morgan or Citigroup , will impede growth prospects for its Apple Pay division. The Apple Card is offered in partnership with Goldman Sachs and Mastercard , will arrive later this year with a physical version--an actual card that will give customers 1% back on purchases, according to a press release. Related. Blockbuster Ideas That I Know Would Move Apple's Needle Will I Have Enough Money to Retire? Want to learn about retirement planning from some of the nation's top experts? Join TheStreet's Robert "Mr. Retirement" Powell live in New York on April 6 for our Retirement Strategies Symposium. For a limited time, tickets are available for $99 for this full-day event. Check out the agenda, learn about the speakers and sign up here.

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