diff --git a/src/share/classes/javax/swing/PopupFactory.java b/src/share/classes/javax/swing/PopupFactory.java
index 99d0359d30345c3a946ca48e27caac02898b455b..4e140c8b0489114e420c403a924aae92412ecd46 100644
--- a/src/share/classes/javax/swing/PopupFactory.java
+++ b/src/share/classes/javax/swing/PopupFactory.java
@@ -232,7 +232,8 @@ public class PopupFactory {
         case HEAVY_WEIGHT_POPUP:
             Popup popup = getHeavyWeightPopup(owner, contents, ownerX, ownerY);
             if ((AccessController.doPrivileged(OSInfo.getOSTypeAction()) ==
-                OSInfo.OSType.MACOSX) && (EmbeddedFrame.getAppletIfAncestorOf(owner) != null)) {
+                OSInfo.OSType.MACOSX) && (owner != null) &&
+                (EmbeddedFrame.getAppletIfAncestorOf(owner) != null)) {
                 ((HeavyWeightPopup)popup).setCacheEnabled(false);
             }
             return popup;
diff --git a/test/javax/swing/PopupFactory/8048506/bug8048506.java b/test/javax/swing/PopupFactory/8048506/bug8048506.java
new file mode 100644
index 0000000000000000000000000000000000000000..66167ec08dc676f50372eced6f71868d3c586977
--- /dev/null
+++ b/test/javax/swing/PopupFactory/8048506/bug8048506.java
@@ -0,0 +1,65 @@
+/*
+ * Copyright (c) 2014, Oracle and/or its affiliates. All rights reserved.
+ * DO NOT ALTER OR REMOVE COPYRIGHT NOTICES OR THIS FILE HEADER.
+ *
+ * This code is free software; you can redistribute it and/or modify it
+ * under the terms of the GNU General Public License version 2 only, as
+ * published by the Free Software Foundation.
+ *
+ * This code is distributed in the hope that it will be useful, but WITHOUT
+ * ANY WARRANTY; without even the implied warranty of MERCHANTABILITY or
+ * FITNESS FOR A PARTICULAR PURPOSE.  See the GNU General Public License
+ * version 2 for more details (a copy is included in the LICENSE file that
+ * accompanied this code).
+ *
+ * You should have received a copy of the GNU General Public License version
+ * 2 along with this work; if not, write to the Free Software Foundation,
+ * Inc., 51 Franklin St, Fifth Floor, Boston, MA 02110-1301 USA.
+ *
+ * Please contact Oracle, 500 Oracle Parkway, Redwood Shores, CA 94065 USA
+ * or visit www.oracle.com if you need additional information or have any
+ * questions.
+ */
+
+/*
+ * @test
+ * @bug 8048506
+ * @summary Tests that popup with null-owner does not throw NPE
+ * @author Dmitry Markov
+ */
+
+import javax.swing.*;
+import javax.swing.plaf.metal.MetalLookAndFeel;
+
+public class bug8048506 {
+
+    public static void main(String[] args) throws Exception {
+        UIManager.setLookAndFeel(new MetalLookAndFeel());
+
+        SwingUtilities.invokeAndWait(new Runnable() {
+            @Override
+            public void run() {
+                createAndShowGUI();
+            }
+        });
+        System.out.println("The test passed");
+    }
+
+    private static void createAndShowGUI() {
+        JFrame frame = new JFrame("bug8048506");
+        frame.setSize(400, 400);
+        frame.setDefaultCloseOperation(JFrame.EXIT_ON_CLOSE);
+        frame.setVisible(true);
+
+        PopupFactory factory = PopupFactory.getSharedInstance();
+
+        // Create and show popup with owner
+        Popup popup1 = factory.getPopup(frame, new JLabel("Popup with owner"), 100, 100);
+        popup1.show();
+
+        //Create and show popup without owner
+        Popup popup2 = factory.getPopup(null, new JLabel("Popup without owner"), 200, 200);
+        popup2.show();
+    }
+}
+