Shares of tech-giant Apple (NASDAQ: AAPL) have a long track record of rewarding investors. In fact, the stock has outperformed the S&P 500 by a wide margin over the last 10-, five-, three-, and one-year periods. But can the tech giant keep delivering outperformance over the next decade?

A close look at the stock and, more importantly, the underlying business suggests there's likely more meaningful growth to come for Apple shareholders. Here are four reasons there's a high probability of Apple stock performing well over the next decade.

Much of the analysis of Apple stock in the media is focused on the iPhone. This, of course, isn't surprising. The iPhone accounts for over half of the company's annual revenue and is obviously imperative to the business.

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Source Fool.com