• Apple will become the world's first trillion-dollar company when its shares top $1,000 each, Wall Street analysts have predicted.
• The technology giant's shares were worth $633.38 last week as its stock price rose above Google's for the first time.
• Brian White, of Topeka Capital Markets, then claimed Apple's sky-high share price will hit four figures within 12 months - making the company worth $1trillion.
• He said in his report: 'Apple fever is spreading like a wildfire around the world.'
• Gene Munster, of Piper Jaffray, followed that up by claiming Apple stock will hit $1,000 - but by 2014.
• The company, based in Cupertino, California, is already the most valuable company in the world currently valued at $590.82billion (£372billion).
• Just a year ago the shares were changing hands at $341. In January Apple revealed it had more than doubled its profits to $13.06billion, compared with $6billion for the same quarter in 2010.
• That was driven by record sales of 37.04m iPhones in the final quarter of 2011, 128 per cent up on the previous year.
• Tim Cook, Apple's chief executive who took over from the late co-founder Steve Jobs, said: 'We could have sold more if we'd had more supply. We could not be happier.'
• The company also sold a record 15.43m iPads over the quarter, more than double the number of a year ago.
• Research group Gartner also said the company overtook Samsung as the world's top smartphone maker last quarter.
• Apple's growth is expected to be driven by sales in China, where January's launch of the iPhone 4S triggered a near riot in Beijing.
• Earlier this year Morgan Stanley analyst Katy Huberty predicted Apple could sell 40m iPhones in China this year.
• Apple is also expected to move into the TV market after the launch of its set-top box Apple TV.
• In his report, Mr Muster said: 'The key risk to the Apple story is pace of innovation.
• 'While we have not seen anything to make us believe innovation will slow, it is the fundamental barrier that stands between shares at $600 and at $1,000.
• 'Apple has won the ecosystem and interface war, and must continue to innovate around its leadership position to grow the business.
• 'Going forward, consumer interest in owning future Apple products is a key metric to measuring Apple's pace of innovation.'