“Analyst forecasts represent a sharp departure from the historical norm: Apple’s third-quarter profits have been greater than the preceding second-quarter earnings nine years in a row,” Rosenman writes. “udging by their predictions, analysts are expecting a miserable earnings report — a clear belief that Apple’s juggernaut growth is faltering.”
Rosenman writes, “The analysts are way off-base: Apple is going to report near-record earnings and sales in the upcoming quarter. Once again, Apple will print a blow-out quarter, clobbering analyst forecasts.”
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