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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.

Observer Comments

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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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