AAPL Clears $198 || The Mac Observer

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AAPL Clears $198

AAPL Clears $198

by , 8:20 AM EST, December 26th, 2007

Apple left a nice stocking stuffer for investors on Monday when the company's stock closed at a new high of US$198.80. The Mac, iPod and iPhone maker's stock climbed $3.80 during the day from its opening $195 price, and $4.89 from its $193.91 closing price on Friday.

As of closing on Monday, Apple's market cap was sitting at $167.54 billion, a full $108.35 billion above Dell's $59.19 billion market cap. In comparison, IBM's market cap was $176.35 billion on Monday, only $8.81 billion above Apple.

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:Guest
Wed Dec 26, 2007 10:36 am Subject: drop today, then

Seems like all too often then when TMO finally decides to post about the stock price that's a short-term top for it. Presumably this means a down day today.
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Close Name:gslusher Posts: 2088 Joined: 13 Nov 2002
Thu Dec 27, 2007 4:00 am Subject:

Quote
Guest wrote:
Seems like all too often then when TMO finally decides to post about the stock price that's a short-term top for it. Presumably this means a down day today.
javascript:emoticon('')

Wrong-o, Guest. AAPL topped $200 during the day on Wednesday, closing at $198.95, +$0.15. It set intraday and closing records. What happens tomorrow (Thursday) is anyone's guess.

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