The Challenge: predict seven key metrics of Apple's fiscal success
over the past quarter -- such as sales numbers, profit margins, and gross revenue -- with the highest accuracy. The Competitors: In the blue corner, a bunch of amateur finance bloggers, and in the red corner, a cabal of professional analysts making mad dough at banks and trading houses. The Conclusion: whatever you're paying for your "
expert" advice on the future financial wellbeing of Apple, or any other tech stock for that matter,
stop. Just... stop.
When it comes to forecasting Apple's earnings, amateurs are better than the pros originally appeared on Engadget on Thu, 20 Jan 2011 07:09:00 EDT. Please see our terms for use of feeds.
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CommentsSource: http://www.engadget.com/2011/01/20/when-it-comes-to-forecasting-apples-earnings-amateurs-are-bett/
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