Tuesday, January 24, 2012

How to Underpromise and Overdeliver

Apple's earnings per share for the quarter ended December 31, 2011:
Company forecast $ 9.30
Analyst forecast $10.08
Actual results   $13.87
From the NY Times:
“It almost defies words in terms of the strength across all products,” said Toni Sacconaghi, an analyst at Sanford C. Bernstein & Company. “Everything about it eclipsed even the wildest expectations of analysts."

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