“When you have 50 analysts covering Apple (AAPL) and it’s the 2nd most valuable company in the world, how is it possible that they could miss something about it?” Eric Jackson asks for Forbes.
“Analysts are great at looking in the rear-view mirror and modeling what’s already occurred. If Apple sold 50 million iPhones last year, let’s assume they’re going to sell 10% more this year,” Jackson asks. “That’s how analysts think.”
MacDailyNews Take: Too much credit for most.
Jackson continues, “Where analysts really miss the boat is in showing a little creativity to imagine new products Apple might roll out in the coming year and what kind of uptake those products will get from consumers. Ask any analyst to do something like that and you’ll see a deer-in-the-headlights response. Intuition and creativity are not part of the typical analyst’s skill-set.”
So, here is a list of the top 6 things that I think the current crop of Apple analysts are missing about the company’s growth:
1. China Growth
2. iPad 2
3. iPhones
4. The Computer Data Center in North Carolina
5. A generational shift to Macs
6. Payments
Jackson writes, “If you think $350 is high for a stock price, just wait until next year.”
Much more in the full article – recommended – here.
[Thanks to MacDailyNews Reader “krquet” for the heads up.]
