The $1 trillion valuation mark is now behind Apple, but three more technology companies are quickly closing in on the milestone.
Wall Street expects Amazon shares to rise over 15 percent over the next year, which is just enough for the e-commerce giant to reach $1 trillion. Microsoft is a bit behind and will not likely surpass $1 trillion over the next 12 months, according to analysts. And while Wall Street expects Berkshire Hathaway to grow the most over the next year, it still has a very long way to go to reach the four comma club.
Apple is expected to cool off, with Wall Street projecting a small amount of growth for the company. The subdued bullishness on Apple's share price is likely related to a more modest pace of iPhone sales, according to several Wall Street analysts, who told CNBC on Thursday that consumer demand for more innovation has forced the Cupertino, California-based company to increase the price of its phones.
Correction: This story has been updated to correct the percentages in the first chart.