Why Apple is experiencing another growth spurt

Apple's stock surged 5% to a record high of $157.14 after its strong financial results

At 41 years old, Apple is a respected elder of the tech industry. But rather than easing slowly into retirement, the company is going through another growth spurt.

On Wednesday, Apple’s stock surged 5 per cent to a record high of $157.14 after it reported surprisingly strong financial results. It is now worth $822 billion, more than any other company in the stock market. And that is before it releases a hotly anticipated new lineup of iPhones this fall, on the 10th anniversary of the original model. Analysts say the new phones could drive sales up by more than 10 per