In Tuesday’s Apple 3.0 Earnings Smackdown, the bloggers clobbered the pros. Again. This time they took 7 of the top 8 spots.
A tip of the hat to:
- Robert Paul Leitao, founder of the independent Braeburn Group, whose bullish estimates scored a rare twofer: first-place finishes in the top and bottom lines and in plus the rest.
A wag of the finger to:
- Wedbush’s Daniel Ives, whose $400 price target tops the Street but whose top and bottom line estimates were the very worst. Maybe if he spent more time on his spreadsheet and less time on CNBC…
Below: The full list of analysts, sorted by the top-and-bottom lines, with the pros in blue and the amateurs in green. Click to enlarge.
Finally, a color-coded spreadsheet that shows—in each category—best, second-best, and third-best estimates (in bright and dull green) and worst, second-worst and third-worst (in bright red and pink). Corrections appreciated.