• Buffet_or_Broke
    If all these analysts keep lowering their targets for $AAPL, will this in fact lower the actual EPS estimate that is expected on the 23rd?
    1/17/13
    Reply (8)
    • Buffet_or_Broke: I know this seems like a stupid question, but I'm not sure specifically where the EPS estimates are drawn from.
      1/17/13
    • andyk80: Price targets are 12 months out
      1/17/13
    • ShadowTS: No, they should lower their FQ estimation, and a lot have done this, cutting iPhone sales forecasts -> lowering Earnings forecasts.
      1/17/13
    • z28gator: When is $AAPL due to report again?
      1/17/13
    • z28gator: When does $AAPL report again?
      1/17/13
    • Stephen J Melnykevich: WED 1/23/2013 at 4pm EST with a conference call following
      1/17/13
    • pocohonta: If the analysts lower EPS estimates, then consensus average will drop, which makes it easier for the company to beat and for stock to rally.
      1/17/13
    • pocohonta: These Johnny-come-lately analysts (who bashed the company, lowered EPS & shipment estimates) helps to lower expections, for an easy EPS beat
      1/17/13