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.