“The headlines elsewhere mostly read that Apple reported earnings slightly above expectations but down from a year ago,” Mark Rogowsky reports for Forbes.
“While all that is true, the real story is that analysts were sure demand for the iPhone had reached some peak,” Rogowsky reports. “From there, they believed it would slide inexorably downward, despite countless data points from market-research firms to the contrary. ”
Rogowsky reports, “The pros pegged iPhone sales at 26.5 million units; Apple instead shipped [sold – MDN Ed.] 31.2 million. So much for the peak.”
Read more in the full article here.
MacDailyNews Take: Expert spreaders of bull feces.
[Thanks to MacDailyNews Reader “Tom R.” for the heads up.]
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