Yesterday, Apple stock hit a record high as analyst anticipateseveral upcoming Apple products. Apple shares climbed as high as $648.19 on Friday and closed up 1.85% at $648.11, pushing Apple’s market capitalization back above $600 billion.
Anticipation of the next-generation iPhone, which is expected by nearly every Apple analyst to be the company’s biggest launch ever, along with speculation from a Jeffries analyst that claims Apple’s iPad mini and “iTV” are already in production, sent the stock sky-rocketing in pre-market trading. Momentum then carried it to a high of $648.19 shortly before the market closed. Apple reportedly plans to unveil its next-generation iPhone during a press conference on September 12th. The iPad mini may also be announced at the event alongside a new iPod nano. Stay tuned…
