I wish so many people weren't promising a great Q2. When that happens the news can be discounted in advance and people can be disappointed by just GOOD results,instead of GREAT results. I'd rather some surprise were left so the stock can run up after the results, rather than selling after the results.
Well, it is true. But, I still believe consensus estimate is the one analysts/money managers will follow. They are skeptical about Apple's turnaround fact. We have our own estimates here which don't mean they will follow. They have more sophisticated models to determine the Q2 results. Based on Yahoo site's statistics, there are 23 analysts who provided their opinions, 1 "strong buy", 6 "buy", 15 "hold", and 1 "strong sell". They won't change their ratings until seeing the reports. So, don't worry about if our views are optimistic here. The market will perform usually based on $0.15 per share earning in Q2, which makes sense at the current price level.
Phil |