“Apple beat everybody’s expectations, pros and amateurs,” Philip Elmer-DeWitt report for Fortune. “But the pros, as usual, did worse.”
“For the second quarter in a row, Kirk Burgess of the amateur Braeburn Group has come out on top, this time both for overall accuracy and for the top and bottom lines,” P.E.D. reports. “Someone should hire that guy — if they haven’t already.”
“At the bottom of the deck, the huge misses by Cowan’s Timothy Arcuri and BTIG’s Walter Piecyk can be explained by timing; their estimates were made in October and November, respectively, when it wasn’t as clear how big a hit the big iPhones were going to be,” P.E.D. reports. “That excuse doesn’t work for Morgan Stanley’s Katy Huberty or Bernstein Toni Sacconaghi.”
View the carnage here.
[Thanks to MacDailyNews Readers “JES42” and “Lynn Weiler” for the heads up.]
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