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During Apple's WWDC 2012 presentation on June 11, it was announced that a new version of OS X 10.8 Mountain Lion will be released next month, in July. However, no specific date was given. It now looks like we'll see Mountain Lion in the Mac App Store on July 19, 2012, exactly 364 days after the launch of OS X 10.7 Lion and about a month after the Wordwide Developers Conference, according to one of the site's sources T-Gaap.com.

The new version of the operating system will be cheaper, at €15,99, or $19,99. The system can perform the update automatically without complicated installation, the system takes care of most of it itself. You can upgrade both from Lion and the latest version of Snow Leopard, which includes the Mac App Store. But to be safe, we recommend creating a system backup, after all, you never know...

Source: T-Gaap.com
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