By almost any measure, Apple has been on an epic run of late. But it’s more than merely epic. What other tech company has, almost 30 years after going public, turned back the growth clock to produce the fastest year-over-year growth since its first year as a public company? This is a mega-cap company — ~$288b market cap — that just turned in almost 80% year-over-year revenue growth.
How unusual is this? Among mega-cap companies, of which Apple is one, there is precisely one company that has averaged 30%+ sales growth over the past five years, and that’s Apple. Remarkable stuff.