Jim Cramer On Apple: Here's What Matters Most

Apple Inc. AAPL is scheduled to report its second quarter results on Tuesday.

CNBC's Jim Cramer offered his take on Apple's upcoming print Monday morning. According to Cramer, Apple's service revenue could exceed some analysts expectations and China remains a very important growth market and sales of the new iPhone SE device in the country could be a "good story" Apple's management can tell investors.

Related Link: KGI's Dire Warning: Apple iPhone Sales Could Be Below 2014 Levels

Cramer continued that "what matters most" is the bottom half of the year, not the upcoming second quarter given the expected iPhone 7 release.

Moving on to the Apple Watch, Cramer said it's an "ok" product but it could "get better."

Bottom line, Cramer thinks that Apple will be "fine."