Apple (AAPL) Shares Higher on WWDC Buzz

June 11, 2012 8:18 AM UTC
All eyes are on Apple (Nasdaq: AAPL) as WWDC 2012 gets underway in San Francisco Monday. This will be the first WWDC since the passing of legendary CEO Steve Jobs.

The tech behemoth is expected to debut mobile operating system iOS 6 and there is speculation the company will launch its own in-house mapping system, dropping Google (Nasdaq: GOOG) Maps. The new map app is expected to have 3D features for certain large cities.

Apple is also widely expected to announce a major Mac refresh. Macs will get a high-resolution Retina display. Also MacBooks are expected to have a slimmer design and will be powered by Intel's latest Ivy Bridge processor. We could also see updated graphics capability, a Thunderbolt connector and up to four USB 3.0 ports.

Shares of Apple are up more than 1 percent to $587.07 in pre-open trading Monday.


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Corporate News, Insiders' Blog

Related Entities

Steve Jobs