
On Wednesday, shares of AAPL topped $130 again riding the wave of momentum from the latest analyst hype surrounding what Apple may unveil next week during the kickoff to the company's annual developer's convention.
Making the rounds today in financial news is the chatter among analysts at Piper Jaffray, who believe that Apple has an array of goodies planned for next week, all of which could add to the bottom line of the company's already-booming digital services business.
TheStreet's Jim Cramer, Portfolio Manager of the Action Alerts PLUS Charitable Trust Portfolio says, "The conference has, historically, had some positive impact on the stock."
According to subsequent chatter on CNBC, analysts are now at a point where new or expanded digital services from Apple excite current and potential investors as much as refreshed iDevices and Macs.
WWDC 2015 kicks off June 8th. MMi will have wall-to-wall coverage throughout the conference and we hope you'll check back with us often.
Source: TheStreet