As part of its ongoing journey to become the first company with a trillion dollar valuation, Apple's market cap has exceeded $800 million for the first time. The company's stock is sitting at $153, the highest it's been when considering Apple's 7-to-1 split a few years ago.

It dropped to under $90 last year when the company reported a decline in annual revenue, but it's rebounded since then.

Some analysts, such as Drexel Hamilton's Brian White, believe Apple is still significantly undervalued on Wall Street.