Thursday, 18 January 2007

Once again, we learn why they’re called analysts

So let me get this straight:

Apple sets new company records for revenue and profit, beats the Street’s estimates, and ships 28 percent more Macs and 50 percent more iPods than they did this time a year ago, but because a bunch of analysts don’t like future estimates, the stock price takes a dive?

No wonder monkeys do just as good a job at the stock market as analysts.

posted on January 18, 2007 8:25 PM

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