Cramer: This is the 'great China story' of 2015

Cramer: Apple takes back leadership

Apple's growth overseas sets up the company to become the "great China story" of next year, CNBC's Jim Cramer said Thursday.

The tech giant surprised all of Wall Street on Wednesday when it announced a 7-for-1 stock split as well as beating earnings expectations by a wide margin. The acceleration of iPhone growth—about 44 million phones sold last quarter—also bodes well for the company, especially as a blockbuster deal with China Mobile opens up the world biggest wireless market to Apple, he said.

Read More Apple-China Mobile deal a 'watershed' moment: Tim Cook

The company could double the number of "contact points" with consumers in China in the coming months, Cramer said on "Squawk on the Street." His comments come as Apple shares spiked 8 percent at the market's open, making Apple stock's best day in two years.

"It was a charm offensive by [Apple CEO] Tim Cook," Cramer said. "He basically said, 'Listen—China, China, China and don't forget about China.' This was the quarter where you basically said, 'We're beginning to scratch the surface.'"

Read More Jim Cramer dives into Apple's earnings surprise

The long list of financial measures Apple used to appease Wall Street—including a dividend boost and $30 billion increase in share buybacks—was a "victory for the Apple shareholders," Cramer said.

"This was the quarter where they took back the leadership from Samsung," Cramer said. "These are all the classic things you haven't heard from Apple that you're getting today."

Disclosure: Cramer's charitable trust owns shares of Apple

—By CNBC's Jeff Morganteen.