It's getting so, so close.

Following an impressive earnings report on Tuesday, shares of tech giant Apple Inc. (AAPL) - Get Report  rose almost 6% to $201.50 on Wednesday, a new record closing high that puts it within spitting distance of being the first public company to ever achieve a stock market valuation of a trillion dollars.

With 4.915 billion shares currently outstanding, according to FactSet, Apple just needs to rise just under $2 to $203.56 to achieve the landmark valuation. Its current valuation stands at about $990 billion.

Apple is a holding in Jim Cramer'sAction Alerts PLUS Charitable Trust Portfolio. Want to be alerted before Cramer buys or sells AAPL? Learn more now.