Ultimately this is about capital allocation and rates of return. Capital flows into the places where it can be best put to work. If you wish for your investments to yield above inflation, you're a card carrying member of the cult of growth.
If Apple decides it will stop growing, it will plow 100% of its profits in share buybacks (I bet op loves those!) and work hard to squeeze costs down. This happens routinely under private equity ownership. It's not as fun as you'd think.
The view expressed by the author is naive and shortsighted. Growth is required for society to function. If it doesn't come from Apple, it must come from somewhere else.
If Apple decides it will stop growing, it will plow 100% of its profits in share buybacks (I bet op loves those!) and work hard to squeeze costs down. This happens routinely under private equity ownership. It's not as fun as you'd think.
The view expressed by the author is naive and shortsighted. Growth is required for society to function. If it doesn't come from Apple, it must come from somewhere else.