Core Insights - Apple has experienced significant growth over the past decade, with its market capitalization increasing from $591 billion to over $4 trillion as of December 20 [1] - Long-term shareholders have seen substantial returns, with a $1,000 investment in Apple shares in December 2015 now worth $11,450, representing a total return of 1,040% [3] - Apple's revenue grew by 78% and net income by 110% from fiscal 2015 to fiscal 2025, driven by hardware sales and a rapidly expanding services segment [4] Financial Performance - The total return for Apple shareholders over the last decade significantly outperformed the S&P 500, which had a total return of 305% during the same period [3][7] - Valuation expansion has been a major factor in Apple's stock performance, alongside earnings growth [7] Investment Considerations - Current investment recommendations suggest that Apple may not be among the top stocks to buy at this time, with analysts identifying 10 other stocks that could yield higher returns [5][6]