Apple (AAPL) iOS 8 Upgrades Are Leaked

NEW YORK (TheStreet) -- Some of the upgrades to Apple's (AAPL) yet to be released iOS 8 mobile operating system have hit the Internet this week fueling speculation ahead of the tech company's World Wide Developers Conference in June.

Two screenshots were released Thursday that signaled Apple is getting serious about upgrading its Maps app by bringing public transit information to the app as well as making data improvements. Apple's recent transit and map app acquisitions include BroadMap, HopStop and Embark.

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A couple of other rumored upgrades include better data storage through the systematic deletion of text messages and updating the CarPlay app to be Wi-Fi compatible.

Apple received a boost earlier this week after Pacific Crest upgraded the company to "outperform" from "market perform" and gave it a price target of $635. The upgrade came after speculation that the iPhone 6 -- expected to be released later this year -- will feature a 4.7 inch screen, 0.7 inches bigger than the current iPhone screen.

Apple's World Wide Developers Conference will begin on June 10.

TheStreet Ratings team rates APPLE INC as a Buy with a ratings score of A-. TheStreet Ratings Team has this to say about its recommendation:

"We rate APPLE INC (AAPL) a BUY. This is based on the convergence of positive investment measures, which should help this stock outperform the majority of stocks that we rate. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, expanding profit margins and growth in earnings per share. We feel these strengths outweigh the fact that the company has had sub par growth in net income."

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