Last August, Apple (NASDAQ:AAPL) was marching toward $700 a share and sentiment toward the company couldn't have been more optimistic. Fast-forward a year later, and now the company is struggling to convince investors that that it can drive increased profitability over the long term. As a result, shares currently trade at a significant discount to the S&P 500, indicating that investors aren't completely sold on Apple's future drivers of growth.

In the following video, Fool contributor Steve Heller sits down with tech and telecom analysts Eric Bleeker and Jamal Carnette to discuss how investors should be thinking about Apple going forward.

Eric Bleeker, CFA, has no position in any stocks mentioned. Jamal Carnette owns shares of Apple. Fool contributor Steve Heller owns shares of Apple. The Motley Fool recommends Apple. The Motley Fool owns shares of Apple. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.