Apple is $20 a share away from being the first $1 trillion company

Very soon Apple will become the first-ever trillion dollar company in the US after its fourth-quarter earnings report.

The company's Shares has increased by 4.34% on Friday after the company's fourth-quarter earnings result and so basically it has exceeded their expectations. Apple reported GAAP earnings of $2.07 per share compared to Wall Street's expectations of $1.87 per share, on revenue of $52.6 billion compared to the $50.5 billion expected.Apple is now worth more than $902 billion after the company's earnings report, and has gained about 9.2% over the last month

Calculations anticipate that if $20 per share will be added then Apple will be the first $1 trillion company, as measured by market capitalization. The company needs to hit $193.60 per share, an 11% move higher from its current price of $175.12, to hit the fabled trillion dollar mark.

Till now, Apple is up 44.74% this year following its post-earnings bump.

Read more about the company's earnings here...