“But the list… which ranks 57 Apple (AAPL) analysts by the accuracy of their fiscal Q2 2012 revenue and earnings estimates, shows that the independents have once again bested the pros — their 14th win in 15 quarters,” P.E.D. reports. “The top eight spots were taken by indies, including four of the six “best analysts” whose estimates we used as a benchmark in the weeks leading up to Tuesday’s earnings report.”
P.E.D. reports, “The top spot goes, once again, to Daniel (‘Deagol’) Tello, a Venezuelan blogger who has been posting earnings estimates since 2005… Last place went to Gabriel Dubois, an independent from the newly formed Braeburn Group who like many of his peers this quarter let his enthusiasm get the better of him, overestimating iPhone sales by nearly 9 million units and revenue by nearly $8 billion. Otherwise the bottom of the list was populated by pros who seem to have missed those photographs of Chinese iPhone buyers mobbing the Beijing Apple Store. How else could Deutsche Bank’s Chris Whitmore, ISI’s Brian Marshall and Morgan Stanley’s Katy Huberty have submitted iPhone sales estimates of 26, 26 and 30 million units, respectively?”
Check out the complete scorecard in the full article here.
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