Big morning for Apple.
First, there are rumors that the new iPhone is coming out in June from a Foxconn recruiter.
Second, Apple axe Gene Munster says the stock is going to $1,000.
Add it up and you have Apple cruising to an all time high in the pre-market. The stock is up 1.41% to $627.43 as of this writing.
Update: Trading has begun and Apple is at $630.
Don't Miss: ON THE HOT SEAT: 10 Tech CEOs That Could Be Fired Tomorrow
Please follow SAI on Twitter and Facebook.
Join the conversation about this story »
- THE APPLE INVESTOR: Hon Hai's Investment In Sharp A Sign That The Apple TV Is In The Works
- CHART OF THE DAY: A Tale Of Two Smartphone Companies
- Facebook's Value Blows Through $100 Billion In Last Trade Before IPO