Wednesday, May 4, 2011

The Absurd Focus on Apple's Earnings Estimates

Yet another quarter has passed and nearly all of the analyst and media discussions have focused on whether Apple (AAPLmet earnings estimates. Beyond that, these experts have focused on the amount of iPads sold with mind numbing focus on that particular estimate miss. Not much of the focus has been on AAPL beating earnings estimates by a mile, or more importantly, the growth rate. Just imagine how fantastically good earnings will be with ramped up production of iPads. Does anybody really doubt the growth path for the iPad regardless of any issue in Q1?


Read the full article at Seeking Alpha

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