Apple’s stock hit a new high following yesterdays announcement of a revitalised G4 range. The whole G4 line is now based on the AGP ‘Sawtooth’ design, DVD throughout and improved ATI accelerators. The stock closed at $110.1875 per share.

Unlike the previous refinement of the range, at which Apple offered slower machines for the same price, Apple has now added power at the same price.

The move was first visible to visitors to the Apple Store, but Apple’s PR department began to issue the information as yesterday drew to an end in the US.

Analysts continue to remain optimistic about Apple’s future value, the highest estimate currently circulating placing a price target of $140 per share in the company.