Apple Creeps Over $189

by , 8:20 AM EDT, October 25th, 2007

Apple's stock has been inching closer and closer to the US$190 mark, and in early morning trading on Thursday managed to climb up over $189. The Mac and iPod maker's stock shot up several points into the $180's following the company's fourth quarter earnings report on Monday, and has managed to keep its numbers up through the rest of the week.

Apple's market cap is currently set at $161.69 billion, above IBM at $155.87 billion and Intel at $151.90 billion. Dell, often called the most popular PC maker, has a market cap of $63.70 billion, and closed on Wednesday at $28.49.

Apple is currently trading in the pre-market at $189.10, up $3.17 (1.7%).