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Amateurs Beat the Pros at Predicting Apple Results

Humiliated by a bunch of bloggers, amateur analysts and assorted day traders
Philip Elmer-Dewitt for CNN Money

I don’t know why this should come as a surprise to anyone. “The Street” constantly misread / misunderstand / talk out their collective asses when it comes to Apple.

So many pundits are so obsessed with the idea that Apple might fail that they constantly ignore the evidence to the contrary and keep pushing the notion that the bubble will burst “any day now”. And of course if you poke holes in any of their analysis then you’re just a “crazy fanboy”.

Who’s crazy now?

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