Shares of Apple stock reached all-time intraday trading and closing highs on Monday, driven by a favorable ruling in the company's high-stakes patent dispute against Samsung which found the Korean electronics maker liable for over $1 billion in damages.

In the first day of trading since the Apple v. Samsung ruling on Friday, shares of the Cupertino company blew past the former record of $668.87 to reach $675.68 at the end of trading, up $12.86, or 1.88.

AAPL stock opened the day at $676.91 and hit a new intraday trading high of just over $680.87 thirty minutes later.

Appleâs leading market value was boosted over $12 billion to reach $633.39 billion, a contrast to Samsung shares which lost roughly the same amount as its stock tumbled some 7.5 percent on Monday.

The stock surge comes as a direct result of Apple's significant win over Samsung in a patent trial decided on Friday. After just 21 hours of deliberations, the Apple v. Samsung jury returned a judgment, finding the Korean company had violated a number of Apple design and utility patents. The iPhone maker was awarded nearly $1.05 billion in damages while Samsung was unable to successfully argue any of its counterclaims.

Apple has subsequently filed a motion to ban sales of eight infringing handsets, seeking a preliminary injunction ahead of a potential final injunction against the Samsung devices.