Apple closes up 5.18%; hits new 52 week high

Apple (AAPL) closed up $1.03, or 5.18%, today to set a new 52 week high at $20.90 on the heels of a better-than-expected earnings report and amid expectations for strong future Power Mac G5 sales starting in August. The previous 52 week high for AAPL was $20.40 on July 8, 2003.

Apple was up another 8 cents to $20.98 in after hours extended trading today.

Apple (APPL) NASDAQ quote here.

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