With Apple's purchase of Beats audio finally getting confirmed and anticipation about what will be announced at the company's WWDC event next week, Apple stocks closed at a 52 week high on Thursday. Shares in Apple (AAPL) closed at $635.38, but the stock reached heights of $636.87 throughout the day.
Apple is expected to announce the upcoming iPhone 6 during next week's World Wide Developer's Conference. According to the recent analysis from UBS' Steven Milunovich and Peter Christiansen a majority of iPhone users are currently using old phones or have an upgrade available. More than 50% of iPhone owners are still using a 4 or 4S, leaving a large chunk of the market as potentially ripe for picking up an iPhone 6 when it becomes available.
What impact do you think Monday's keynote will have on Apple's stock price? Let us know in the comments, and join us Monday for our WWDC keynote liveblog!
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