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If that's .93% over last year, then it's negative after inflation. So there may not be an expectation of exponential growth forever, but literally declining re
by dmoy 7y ago
If that's .93% over last year, then it's negative after inflation.
So there may not be an expectation of exponential growth forever, but literally declining revenue vs inflation is a different conversation.
- pwinnski 7y agoAre you suggesting that we had 7% inflation last year, or am I misunderstanding you?
- dmoy 7y agoThe inflation rate last year was about 2.5%. If apple made $100 in 2018 q3 and 101 in 2019 q3, then they made less than 100 in 2019 q3 using constant 2018 dollars. It is declining revenue. That's a bit scary. For one quarter might just be a blip.
- WhompingWindows 7y agoI believe parent is suggesting an inflation of 2-3%, not 7%, as he is comparing to .9%.