Two ways of seeing how well (or badly) the pros and amateurs predict Apple's earnings
Green = Amateurs, Yellow = Pros Source: Dediu, PED
We've been trying for several years to find the best way to show how much better the so-called amateur analysts (some of whom have since gone pro) are at estimating Apple's (AAPL) quarterly...
Apple's earnings grew 116% in Q1. So why is the Street is looking for 44% in Q2?
Click to enlarge. Source: Asymco.com
After Apple (AAPL) blew past everybody's expectations on Tuesday, reporting sales up more than 73% and earnings up nearly 116%, analysts up and down Wall Street rushed to revise their spreadsheets and issue new notes...
The 18% gap between the Street's estimates and the independents' suggests that it can
Click to enlarge. Data: Company reports, Apple 2.0
Last fall, a Wall Street analyst who shall remain nameless suggested in a note to clients that the days of the big Apple (AAPL) earnings surprises may be over.
He was referring to the string of...
33 of 46 analysts expect Apple to meet or beat that mark in its quarterly report next week
Click to enlarge.
One of the big computer news stories last quarter was the continued strength of Apple's (AAPL) Mac sales even as the rest of the PC industry was shrinking. (See Mac sales zigged as Windows PC sales sagged...
The Street's consensus: 13.5 million. The indies are 10% more bullish
Click to enlarge. Source: Company reports; Apple 2.0
Everybody we've heard from expects Apple (AAPL) to report record iPad sales for the quarter that ended Dec. 31.
And why not? Tablets were a popular gift item this past holiday season. The iPad 2 didn't face much competition...
Pros and amateurs both expect a blow-out. They're just haggling over the percentage
Click to enlarge. Source: Company reports; Apple 2.0
The most important metric for Apple (AAPL) in the quarter that ended eight days ago -- likely to account for more than half of the company's revenue for fiscal Q1 2012 -- is the number of iPhones...
They're calling it a "small hiccup," "black swan," "iBlip"and a "breather at altitude"
Apple's (AAPL) fourth quarter results were the first since 2002 that failed to beat the expectations of the analysts. A sampling of what they had to say about that:
Needham's Charlie Wolf: Not every quarter is a blowout. "The slowdown in iPhone sales in the second...
Most shrug it off as a transitional aberration. Several raised their price targets.
Apple's (AAPL) fourth quarter results were the first since at least 2004 that failed to beat the analysts' consensus. A sampling of what they had to say about that:
Needham's Charlie Wolf: Not every quarter is a blowout. "The slowdown in iPhone sales in the...
For as long as we have been tracking them, the bloggers have trounced the pros
Click to enlarge. Sources: Thomson Financial, Apple 2.0, company reports
On Sunday, the day after Apple's (AAPL) fourth quarter of fiscal 2011 ended, we posted preliminary revenue and EPS estimates from both Wall Street's Apple analysts and a group of amateurs we've been tracking...
For as long as we have been tracking them, the bloggers have trounced the pros
Click to enlarge. Source: Company reports, Thomson Financial, Apple 2.0
On Sunday, the day after Apple's (AAPL) fourth quarter of fiscal 2011 ended, we posted preliminary revenue and EPS estimates from both Wall Street's Apple analysts and a group of amateurs we've been tracking for...
For as long as we have been tracking them, the bloggers have trounced the pros
Click to enlarge. Source: Company reports, Thomson Financial, Apple 2.0
On Sunday, the day after Apple's (AAPL) fourth quarter of fiscal 2011 ended, we posted preliminary revenue and EPS estimates from both Wall Street's Apple analysts and a group of amateurs we've been tracking for...
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