For a company priced for no growth, Apple sure seems to have more than its fair share of catalysts coming its way. And while investors should be focusing more on the upcoming refreshes of the iPhone and iPad, Apple could have one major trick up its sleeve. What are we talking about? Well, if you hadn't noticed, the market for used iPhones is absolutely booming. The win here for Apple and its shareholders is that it appears the tech giant is more and more likely to also cash in on this growing trend. In this video, tech and telecom analyst Andrew Tonner talks about how this new program can solve two of Apple's biggest problems in a single move.
Beyond simply reusing its old products like it will with this iPhone move, Apple has a history of cranking out revolutionary products... and then creatively destroying them with something better. Read about the future of Apple in the free report, "Apple Will Destroy Its Greatest Product." Can Apple really disrupt its own iPhones and iPads? Find out by clicking here.
The article Could This Be Apple's Next Secret Growth Driver? originally appeared on Fool.com.
Fool contributor Andrew Tonner owns shares of Apple. Follow Andrew and all his writing on Twitter at @AndrewTonner. The Motley Fool recommends Apple. The Motley Fool owns shares of Apple. Try any of our Foolish newsletter services free for 30 days. We Fools may not 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.
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