Why Jim Cramer thinks Apple's new iPhone 11 could be a boon to Facebook's Instagram

'When you see those terrific camera options for the new iPhone, you know what that's for?' asks Jim Cramer. 'Instagram.'

— the iPhone 11, the iPhone 11 Pro and the iPhone 11 Pro Max. Each of the devices was upgraded with a new camera system to allow for better wide-angle photos, with the Pro models boasting a third lens for ultra-wide-angle shots.

Cramer also said he's a fan of Apple's pricing for its much-anticipated Apple TV+, which will start at $4.99 per month for a family account. The service will launch on Nov. 1 and be available in 100 countries, with new shows being added each month, the company said Tuesday.

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