Everyone knows (NASDAQ: AAPL) for its iconic brand. But investors know Apple as a long-term outperforming stock and the largest U.S.-based company by market cap.

Apple uses a lot of its excess cash to buy back its own stock. But the value of these buybacks is often underappreciated, especially during a period of slowing growth like Apple is in right now.

Let's take a look at what's impacting the tech company today and why the stock could be worth buying even if growth remains muted over the next five years.

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Source Fool.com