Christmas Eve: Apple (AAPL) Hits an All-Time High

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Shares of Apple (AAPL) reached an all-time high ahead of Christmas, a nice gift for anyone entering at sub-$100 doldrums.

At the bell on Christmas Eve, AAPL gained 3.43 percent to $209.04, based partly on news of an upcoming tablet release.  Anticipation now surrounds a January unveiling, most likely in San Francisco at the Yerba Buena Center for the Arts.

So, what will this thing look like?  On top of the customary egg nog and treats, the possibilities are dizzying the brains of developers and executives alike.  Suddenly, the iPhone and iPod touch have an even hotter sibling on the way.

The Apple valuation is also dizzying, but a grounded Steve Jobs is still making a salary of just $1, according to confirmations by the company.  And, the rest is rather illiquid – Jobs also holds 5.5 million Apple shares, according to proxy statements, though he hasn’t sold anything since rejoining the company in 1997.