Shares of Apple’s stock are approaching sky-high levels amidst the latest iMac II rumors (see yesterday’s news). As of this posting, Apple’s stock price is dancing at the US$75.5 mark. In more uplifting news, Warburg Dillon Read Inc. is reporting (“Apple Computer Reiterated `Buy’ at Warburg Dillon Read“) that their 12-month target price is $90 per share.