Apple’s “Q4 2014 was one for the amateurs,” Philip Elmer-DeWitt reports for Fortune.
“They took nine of the top 10 spots in our Earnings Smackdown, based on the accuracy of their calls for Apple’s top and bottom lines,” P.E.D. reports. “The only pro sufficiently bullish to make the top 10 was Deutsche Bank’s Sherri Scribner who, ironically, had downgraded Apple from Buy to Hold just three weeks ago.”
“Kudos to Kirk Burgess of the amateur Braeburn Group and Sand Hill Insights’ Chuck Jones, who took the No. 1 and No. 2 spots, respectively,” P.E.D. reports. “Burgess missed Apple’s EPS by only a penny — not an easy thing to do when Apple’s share count keeps dropping. And Jones’ estimates were best or second best in four categories: Revenue, EPS, iPhones and Macs.”
See all of the Apple analysts’ results in the full article here.
[Thanks to MacDailyNews Reader “Dan K.” for the heads up.]
Apple bulldozes Street with record quarterly revenue of $42.1 billion – October 20, 2014