RBC reiterates $150 target for Apple stock, sees 'iPhone 6s' event boosting shares



  • Reply 21 of 22

    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. 

Sign In or Register to comment.