Jim Cramer urged investors on Wednesday to buy Apple Inc. stock because of its iPhone Duo rather than the company’s smart-home plans, calling the device "AMAZING" in a post on X. Apple shares rose 1.1% during regular trading before reaching $334.25 in after-hours trading, a 0.37% increase, according to Benzinga Pro. Priced at 1,999, the iPhone Duo is scheduled to go on sale in the U.S. on Oct. 23, with pre-orders beginning Oct. 16. Cramer’s comments followed Bloomberg columnist Mark Gurman’s report that Apple plans a major product announcement on Oct. 13 involving a new smart-home device with a display. The device, reportedly code-named J490, is expected to have a roughly 6-inch square screen, voice recognition and the ability to provide personalized information and responses linked to individual accounts. Apple is also planning updates to the HomePod mini and Apple TV, including a revamped Siri artificial intelligence (AI) assistant; the HomePod mini is reportedly set to receive new green and pink color options. The initiative would represent another effort by Apple to challenge Amazon.com and Alphabet’s Google in smart-home technology while demonstrating progress on Siri after repeated delays to its upgraded assistant. Apple did not immediately respond to Benzinga’s request for comment. Benzinga Edge Stock Rankings placed Apple in the 97th percentile for Quality and showed positive short-, medium- and long-term price trends.