Aswath Damodaran, finance professor at New York University's Stern School of Business, said on Monday that while Apple is still a good profit generator, it is no longer the growth company it once was. Damodaran said, "In the past 10 years, Apple has returned over $600 billion in cash, making it the largest ATM machine in history. So I like to think of the company as an ATM machine, not a growth engine." (Global Market Report)