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Expected Q3 revenue was 46 billion to 48 billion as per the Q2 earnings press release. They earned 49.6 billion so beat the estimate by 1.6 billion. Or are say
by spiralpolitik 11y ago
Expected Q3 revenue was 46 billion to 48 billion as per the Q2 earnings press release. They earned 49.6 billion so beat the estimate by 1.6 billion.
Or are saying they missed the estimate that some analyst pulled out of their ass ?
- arrrg 11y agoAnalysts on average actually did better in predicting Apple’s revenue than Apple. (Apple obviously seems to be very conservative in their predictions, though.)
- ajross 11y agoThe analysts' recta have historically been much more accurate than Apple's press releases, which have (as is not atypical in the tech industry) routinely and severely underestimated revenue.