Can anyone explain why the y-axis compresses so much at the higher end? What is the creator of such a graph trying to accomplish with compression like this? It significantly distorts the immensity of AAPLs growth since 2013. Is that what the creator is trying to accomplish or is there a less malicious reason for doing something like this with a graph?
That's called a "Log Chart", see http://www.fool.com/foolfaq/foolfaqcharts.htm. The summary is incremental upward movement is a constant *percentage* growth. So a relatively straight line on a log chart indicates a steady percentage of growth over time.
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That's called a "Log Chart", see http://www.fool.com/foolfaq/foolfaqcharts.htm. The summary is incremental upward movement is a constant *percentage* growth. So a relatively straight line on a log chart indicates a steady percentage of growth over time.