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Technology Stocks : OLED Universal Display Corp
OLED 118.920.0%1:17 PM EST

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To: I'manoledguy who wrote (29377)3/7/2025 6:03:16 PM
From: A.J. Mullen  Read Replies (1) of 29727
 
I don't understand how the author arrives at 27% growth. Taking the number of smart phones estimated to be sold in 2028 and dividing by that estimated for 2024 gives 1197.9/833.7 = 1.436. That's equivalent to an average annual increase of just under 9.5%. (Multiply 833.7 by 1.095 four times and you'll get very close to 1197.9 - use 1.09484513 if you're suspicious of the discrepancy.)
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