AAPL Closes at New High: $187 || The Mac Observer

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AAPL Closes at New High: $187

AAPL Closes at New High: $187

by , 8:00 AM EDT, October 31st, 2007

Apple's stock closed on Tuesday at US$187, a new all-time high for the Mac and iPod maker. The company's stock didn't sit idle after hitting its new high, and in early morning trading on Wednesday climbed up over $188.

The company's previous closing high came on October 23 with $186.16. The stock also managed to creep up over $189 in pre-market trading on October 25.

Apple's stock has maintained a relative upward trend since the company reported strong fourth quarter earnings on October 22, and continued that trend once Mac OS X 10.5, or Leopard, saw a strong launch on October 26.

The Cupertino-based company's market cap continues to rise as well. As of Tuesday night that number was sitting at $163.13 billion, $96.5 billion above Dell's $66.63 billion market cap.

Apple is currently trading in the pre-market at $188.15, up 1.15 (0.62%).

If you are interested in Apple's stock, join our forum members in the Apple Finance Boards, a moderated forum for Apple Investors and people who are interested in Apple's financial dealings. For other stories regarding Apple's stock activity, visit our updated Apple Stock Watch Special Report.

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Close Name:Sir Harry Flashman Posts: 792 Joined: 08 Feb 2007
Wed Oct 31, 2007 5:22 pm Subject: Closed today at $189.95

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