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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.

Observer Comments

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Close Name:Sir Harry Flashman Posts: 792 Joined: 08 Feb 2007
Subject: Closed today at $189.95

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