In after hours trading following Apple’s announcement of strong fiscal Q3 results, AAPL stock has jumped to almost $160 as of this writing.

It’s hard to know where AAPL will land when the Nasdaq market opens tomorrow morning, but a share price of $160 puts Apple’s market capitalization over $800B, moving it closer to being the first company to hit $1 trillion.

While there have been many predictions that Apple will be the first to reach this record milestone, recently an analyst suggested that Amazon will beat Apple to the punch.

For more details on Apple’s fiscal Q3 results, check out our live coverage.

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