Apple (NASDAQ:AAPL) knocked it out of the park in its most recent earnings report. But at such a gargantuan market cap, is there still a case for investing in the iPhone maker today?

In this clip from Industry Focus: Tech, analyst Dylan Lewis and Motley Fool contributor Evan Niu explain what they see in Apple's future, what investors can still gain from the stock, what to expect as far as long-term growth, and more.

A full transcript follows the video.

This video was recorded on May 4, 2018.

Dylan Lewis: Looking at Apple over the next year, two years, three years, what are you seeing in this business? We're both shareholders. I kind of feel like I'm sitting on my shares, that they will not be this massive growth company like they have been, perhaps, over the last five years, but that there's nothing wrong with owning them, especially if you're looking for some pretty low-risk exposure to the tech space.

Evan Niu: Right. That's exactly how I view it, too. I don't have huge expectations in terms of capital appreciation. The income is nice. I'm not really an income investor, but I'll take it, I'll reinvest the dividends. Nothing to complain about.

But I also view them as a pretty safe play because, as we mentioned before, their valuation numbers are so low, and they make so much money, that they're not going to be super volatile. I mean, I've been overweight in Apple for many years, just because I've had it for so long, but I'm just going to hang on to it. I'm not going to have huge expectations about it jumping through the roof.

But right now, it's kind of like this race to a $1 trillion market cap, because all these tech companies are having pretty strong results. The big question is, can Apple get there first? It's only 10-11% up from here, so it's not a huge gain. But, it'll be a milestone, if and when it comes.

Dylan Lewis owns shares of Apple. Evan Niu, CFA owns shares of Apple. The Motley Fool owns shares of and recommends Apple. The Motley Fool has the following options: long January 2020 $150 calls on Apple and short January 2020 $155 calls on Apple. The Motley Fool has a disclosure policy.