Apple's Unsustainable Growth Apple's stock has reached new record highs, driven by consistent financial results and resilient iPhone demand.
The company's impressive performance in the second quarter is a testament to its ability to adjust to changing market conditions.
However, beneath this success lies a more nuanced reality: Apple's growth trajectory may be unsustainable in the long term. The company's expanding installed base of iPhones has been a key driver of revenue growth.