Shares of Apple (AAPL) stock hit a record high on Friday as analyst chatter regarding several upcoming Apple products excited investors. 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-ever launch ? alongside claims from Jeffries analyst Peter Misek that Apple?s iPad mini and ?iTV? are already in production sent the stock soaring 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.
Zach Epstein is the Executive Editor of BGR. He has 10 years of industry experience, first in marketing and business development with two private Telcos, then as a writer and editor covering business, technology and telecommunications.
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