by , 4:00 AM EST, November 9th, 2004

The buying and selling of stock options just doesn't stop for Apple's executives who are taking advantage of the company stock now sitting in the range of record highs. Phil Schiller, Apple's Senior Vice President of Worldwide Product Marketing, made an additional US$4.2 million in stock option sales last Thursday, for a total of $8,036,714.10 in stock profit in less than a month.

Mr. Schiller sold 131,250 shares on Thursday, November 4. The options were bought for between $20.39 and $24.60 and sold for $55.00. Mr. Schiller's profit was $4,279,437.00.

Mr. Schiller sold 155,000 shares back on October 18 for a profit of $3,757,277.10, selling his shares for between $45.20 and $45.49 a share.