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“With Apple’s (AAPL) products flying off the shelves and its shares setting new record highs every trading day in October (the stock closed Friday at $314.74, up $12.43 for the day), analysts who had let their spreadsheets get dusty over the quarter had a lot of catching up to do,” P.E.D. reports. “According to Thomson Financial, the Street’s Q4 revenue consensus jumped $100 million in the space of a week, from $18.76 billion to $18.86 billion.”
P.E.D. reports, “We’ve been doing our own, somewhat more detailed polling, comparing the estimates of a select group of Wall Street professionals with those of a small community of blogger-analysts who follow Apple for their own fun and profit and whose numbers, frankly, tend to be closer to the mark.”
“Curiously, the two groups, which in recent quarters had been growing closer, at least in terms of their average estimates, seem to have drifted apart again,” P.E.D. reports. “Both are expecting Apple to report strong year-over-year revenue growth — anywhere from 55.2% to 66.9%, with the bloggers 7.5% more bullish than the pros. But they can’t agree on iPad unit sales, or on the bottom line.”
Full article with the full list of analysts’ estimates here.
We all know the stock price will drop after the earnings report and the Back to the Mac keynote no need to act surprised when it happens.
We all know the stock price will drop after the earnings report and the Back to the Mac keynote no need to act surprised when it happens.
Rushing to get thrir homework done at the lady minute like this, just shows how much they haven’t a clue of Apple.
Anal, dark smelly Anal-ists… And people still listen to them?!
Rushing to get thrir homework done at the lady minute like this, just shows how much they haven’t a clue of Apple.
Anal, dark smelly Anal-ists… And people still listen to them?!
Rushing to get their homework done at the last minute like this, just shows how much they haven’t a clue about Apple.
Anal, dark smelly Anal-ists… and people still listen to them?!
Rushing to get their homework done at the last minute like this, just shows how much they haven’t a clue about Apple.
Anal, dark smelly Anal-ists… and people still listen to them?!
@ anevilmeme
For a few years the stock price dropped “prior” to the earnings statement, but that hasn’t happened the recent past. The old metric had the stock price dropping Friday.
@ anevilmeme
For a few years the stock price dropped “prior” to the earnings statement, but that hasn’t happened the recent past. The old metric had the stock price dropping Friday.
Just to reply a bit of favored on the analyst’ side. These guys are serving clients with no clue whatsoever on apple.
We, being apple loyalist, fanatics, whatever you want tp call it…are aware of what’s going on, see it maybe on the much to positive side as well, but still, we are the perfect analysts for apple stock, yet, our ‘RDF-illness’ prevents us from being objective analysts for this type of clients..
Just to reply a bit of favored on the analyst’ side. These guys are serving clients with no clue whatsoever on apple.
We, being apple loyalist, fanatics, whatever you want tp call it…are aware of what’s going on, see it maybe on the much to positive side as well, but still, we are the perfect analysts for apple stock, yet, our ‘RDF-illness’ prevents us from being objective analysts for this type of clients..
@breeze
Tell us how you really feel.
@breeze
Tell us how you really feel.
The price drops for profit taking. However this time it looks like the good news could begin a huge surge. This has happened before when the iPods took off. Suddenly everyone realized Apple were onto a good thing and everyone wanted to jump on the bandwagon.
Earning release could top all the predictions and weds product announcement could add fuel to the hype.
Good times guys.
The price drops for profit taking. However this time it looks like the good news could begin a huge surge. This has happened before when the iPods took off. Suddenly everyone realized Apple were onto a good thing and everyone wanted to jump on the bandwagon.
Earning release could top all the predictions and weds product announcement could add fuel to the hype.
Good times guys.
It’s going to be impossible for Apple to deliver the sky-high results that everyone is expecting, because inventory was extremely constrained over the quarter of both iPhones and iPads. Apple can’t sell more than they can make.
It’s going to be impossible for Apple to deliver the sky-high results that everyone is expecting, because inventory was extremely constrained over the quarter of both iPhones and iPads. Apple can’t sell more than they can make.
On Friday, March 6, 2009, Apple stock closed at $85.30. Yesterday Apple closed at $314.74. Wow!
On Friday, March 6, 2009, Apple stock closed at $85.30. Yesterday Apple closed at $314.74. Wow!
“It’s going to be impossible…” I’ll remind you of that one MacBill.
“It’s going to be impossible…” I’ll remind you of that one MacBill.
@ MacBill
Don’t forget though, a surge doesn’t happen based on the results past quarter alone, it has more to do with the projections for next quarter.
@ MacBill
Don’t forget though, a surge doesn’t happen based on the results past quarter alone, it has more to do with the projections for next quarter.
@silverhawk – yes I remember the winter of oh-nine very well. That’s when I was sittin at the kitchen table looking at all those 0%-for 12-months credit card offers I had just got in the mail. I got this wild hair and decided to cash em all in – $55,000 worth, and go buy Apple stock. Sold em a year later and made out like a f—–g bandit. Thanks, Capital One! What’s in YOUR wallet?
@silverhawk – yes I remember the winter of oh-nine very well. That’s when I was sittin at the kitchen table looking at all those 0%-for 12-months credit card offers I had just got in the mail. I got this wild hair and decided to cash em all in – $55,000 worth, and go buy Apple stock. Sold em a year later and made out like a f—–g bandit. Thanks, Capital One! What’s in YOUR wallet?
From the article: “Apparently Jobs invited Zuckerberg for dinner at his house to talk about Ping two weeks ago. That’s when a tipster spotted them on a stroll in Palo Alto. “
Is the entire idea that they met for dinner to discuss Ping extrapolated from someone “tipster” seeing them walking somewhere near Jobs’ house? That is thin evidence upon which to word the article in such certain terms.