GO
Loading...

Sneak Peek: Apple’s New Mobile OS

The Street’s buzzing about Apple and what they’re going to unveil at the worldwide developers conference next week.

According to Jonathan Geller, the founder of Boy Genius Report, Apple is ‘absolutely’ going to be announcing a new version of its mobile operating system, iOS 6.

And Geller thinks it could be quite an evolution over what exists now. “From what I’ve seen it’s very interesting. They’re going head to head with Android.”

Following is a list of features he says the new operating system will have:

Boy Genius' Predictions

- Cleaner look
- Automatic app updates
- New Maps app with 3D mapping
- iCloud keychain that syncs w/iOS devices
- Facebook integration at OS-level
- Siri for iPad & extended Siri functions
- Inter-app communication
- Improved email

Although the Fast Money traders aren’t sure the new operating system is a specific catalyst, largely they all think Apple has more upside and consider the stock inexpensive.

“I’m long Apple and a buyer on the pullback,” says Joe Terranova.

Pete Najarian and Guy Adami are also bullish; they cite the potential of an iPad mini, a new gadget that Topeka analyst Brian White says could be introduced as soon as September.

And they also like the price action.

“I love the way Apple trades,” says Pete Najarian. “It gets down around $555 and bounces. You've got to love that."

----------------------------------------------------

NEW SLIDESHOW: Learning from the Legends: Simple Strategies Behind Supersized Successes

----------------------------------------------------

Posted by CNBC's Lee Brodie




______________________________________________________
Got something to to say? Send us an e-mail at fastmoney-web@cnbc.com and your comment might be posted on the Rapid Recap. If you'd prefer to make a comment, but not have it published on our Web site, send those e-mails to fastmoney@cnbc.com.



Trader disclosure: On June 5, 2012 , the following stocks and commodities mentioned or intended to be mentioned on CNBC’s "Fast Money" were owned by the "Fast Money" traders; Joe Terranova is long VRTS; Joe Terranova is long MCD; Joe Terranova is long PNC; Joe Terranova is long USB; Joe Terranova is long TCBI; Joe Terranova is long SBUX; Joe Terranova is long WMB; Joe Terranova is long SJM; Joe Terranova is long UPL; Joe Terranova is long WFM; Joe Terranova is long IBM; Joe Terranova is long CNX; Joe Terranova is long HYG; Joe Terranova is long AAPL; Joe Terranova is long EMC; Joe Terranova is long NXPI; Joe Terranova is long LPX; Joe Terranova is long SNDK; Joe Terranova is short JUNE MINI S&P FUTURES; Karen Finerman is long AAPL; Karen Finerman is long BAC; Karen Finerman is long JPM; Karen Finerman is long WMT; Karen Finerman is long TGT; Karen Finerman is long RIMM; Karen Finerman is short SPY; Karen Finerman is short IWM; Karen Finerman is short MDY; Steve Grasso is long ASTM; Steve Grasso is long BA; Steve Grasso is long D; Steve Grasso is long FRO; Steve Grasso is long LNG; Steve Grasso is long MHY; Steve Grasso is long MO; Steve Grasso is long PFE; Steve Grasso is long S; Steve Grasso is long XLU; Steve Grasso is long ZAZA

For Brian Kelly
Nothing to disclose

CNBC.com with wires.

Contact Fast Money

  • Showtimes

    Halftime Report - Weekdays 12p ET
    Fast Money - Weekdays 5p ET

Halftime Report