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Technology Stocks : Apple Inc.
AAPL 255.53-1.0%Jan 16 9:30 AM EST
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To: slacker711 who wrote (165428)2/5/2014 3:26:29 PM
From: Moonray1 Recommendation

Recommended By
MGV

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Those analysts were projecting $55 for FY2013 in October 2012.

OMG, those estimates were from a whole year before FY13 earnings was announced?
Please provide an URL as I have done, I find that people do not always remember correctly.
If it was $55 it would not surprise me. After all, what was known at that time was annual earnings of:
2010 $15.15
2011 $27.68
2012 $44.15
Seems to me that $55 might well be a reasonable estimate for that period.

The analysts' consensus estimate of $39.40 that I gave you was pretty much right on the button compared to
the actual FY13 $39.75 as far as I am concerned. A WHOLE LOT closer than Ryan's assertion that "...the
very real probability that their earnings will contract", that he offered without anything to back it up.
I am against statements like he made because that is how rumors start, and a stock price will decrease.

o~~~ O
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