AAPL Closes Over $186

October 23rd, 2007 at 3:00 PM - Apple Stock Watch by Jeff Gamet

Appleis stock continued to ride its fourth quarter earnings report wave to close on Tuesday at US$186.16 -- a new company high. The Mac and iPod makeris stock climbed 6.77 percent, or $11.80, from Mondayis $174.36 closing price.

The companyis market cap is currently $161.89 billion, above both IBM at $158.26 billion and Intel at $156.51 billion. In comparison, Dell closed on Tuesday at $28.79 with a $64.37 billion market cap.

Apple is currently trading in the pre-market at $184.16, down 1.89 (1.02%).

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