Apple closes at a record $699.78, 22¢ shy of $700

But the stock is still worth less than the average run-of-the-mill S&P 500 company

FORTUNE -- It seems the drumbeat of positive news for Apple (AAPL) -- the Samsung verdict, the iPhone 5, the 2 million pre-orders, the rumors of new products in the wings -- was finally too much for the Apple bears.

On Monday, the company's...

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