AmTech Expects Apple To Meet Or Beat In Report Monday [View article]
Yes, and the Sun will likely rise tomorrow.
Wu hasn't been paying attention. Apple has beaten the Street's estimates continuously for over 4 years, and Jobs consistently guides below the Street looking forward. Jobs doesn't 'lowball' estimates to reign in the Street; he does it to avoid being accused of misguiding investors with unrealistically high expectations: CYA. If Wu is being honest with his numbers (I'd be skeptical), he is getting further from the mark, not closer, and the December qtr results will not only beat Wu's and Job's low ests, but the current Street ests. In fact, expect Street ests for December to steadily creep upward, not downward over the coming months, and for those higher numbers to get beat handily.
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Yes, and the Sun will likely rise tomorrow.
Oct 21 11:01 am
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All Comments by gc.alpha »AmTech Expects Apple To Meet Or Beat In Report Monday [View article]
Wu hasn't been paying attention. Apple has beaten the Street's estimates continuously for over 4 years, and Jobs consistently guides below the Street looking forward. Jobs doesn't 'lowball' estimates to reign in the Street; he does it to avoid being accused of misguiding investors with unrealistically high expectations: CYA.
If Wu is being honest with his numbers (I'd be skeptical), he is getting further from the mark, not closer, and the December qtr results will not only beat Wu's and Job's low ests, but the current Street ests.
In fact, expect Street ests for December to steadily creep upward, not downward over the coming months, and for those higher numbers to get beat handily.