$Apple (AAPL.US)$stock has surged since its fiscal Q2 earnings release on May 2, rising 12.5% to $194.35 by June 4. In a research note Tuesday, Morgan Stanley analyst Erik Woodring said that while investor expectations for WWDC are high, the company nonetheless could positively surprise the Street, "helping to unlock pent-up demand, accelerate iPhone replacement cycles and sustain recent stock performance."
Apple's Worldwi...