Apple Inc (NASDAQ: ), the world’s most valuable public company, has a staggering $800 billion market cap. Yet despite its incredible size, Apple could become the world’s first trillion dollar company within a year’s time. There are near-term drivers for Apple that could send its market cap above the $1 trillion mark within the next 12-18 months, RBC Capital analyst Amit Daryanani said: Higher revenue growth due to an uptick in blended iPhone ASP to above $800.Up to a 0.3 percent gross margin expansion due to growing services revenue.A 1.0 percent uptick in operating margins due to SG&A controls.Buyback tailwinds leading to EPS growth in the low teens.A repatriation tax holiday. “In aggregate, we see a scenario where in FY19 AAPL sustains $12+ EPS and, assuming the valuation frameworks remain stable/improves, it should get AAPL stock toward $192-195/sh, which would equate to market cap > $1.0 trillion,” Daryanani said.Source