The following video is part of our "Motley Fool Conversations" series, in which analysts Joe Tenebruso and Paul Chi discuss topics around the investing world.

When many investors look at Apple, they see a company with a $500 billion market cap and question whether it can continue to grow. Joe explains why Apple still has a tremendous growth opportunity with one of its core products,= and why the stock can continue to make new highs.

Joe Tenebruso owns shares of Apple and has puts on Apple. Paul Chi has no positions in the stocks mentioned above. The Motley Fool owns shares of Apple, Google, and Microsoft. Motley Fool newsletter services recommend Apple, Google, Microsoft, and Nokia. Try any of our Foolish newsletter services free for 30 days. We Fools don't 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.