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Apple breaks the law of large numbers with rapidly accelerating growth

“Apple’s second calendar quarter was a record breaking performance,” Horace Dediu reports for asymco.

“This is surprising because it shows super-seasonal performance,” Dediu reports. “For as long as I can remember the fourth calendar quarter (i.e. holiday) was always the strongest quarter, by a large margin. This quarter was higher than the last holiday quarter… The 122% growth in profits is (nearly) unprecedented.”

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Dediu reports, “One of the most common themes during the last year was that Apple’s growth rate was unsustainable. The theory cited was one of the ‘law of large numbers.’ Apple’s performance shows it to be nonsense. Instead of decelerating, Apple’s growth is accelerating.”

More in the full article, including Dediu’s excellent charts, here

[Thanks to MacDailyNews Reader “Edward Weber” for the heads up.]

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