Definition of Revolutionary products
A revolutionary product is typically characterised by its ability to introduce significant and groundbreaking changes or innovations to an industry, market, or people's lives. (source: Google Bard)
Variable to note
CAGR cutoff date is March 2023
source: Google Bard
CAGR of companies till cutoff date since releasing revolutionary products.
27% since release of iPod in 2001
32% since release of iPhone in 2007
30% since release of Macbook Air in 2008
37% since release of AWS in 2006
20% since release of Azure in 2010
50% since release of Model 3 in 2017
25% since introducing streaming business model in 2007
24% since introducing subscription model for their products in 2013
Introduced a revolutionary sharing economy model,
but is excluded from this list since the company is only listed less than 5 years.
Also introduced revolutionary sharing economy business model, but its not a sustainable/ scalable business model from a cashflow perspective.
When a company's underlying fundamentals are good,
Investing in them when they introduce revolutionary products to the market may be a good strategy.
Especially when they have track records of producing revolutionary products.
Plus if they can come up with innovative business models to capitalise on it, it will be even better.