The running gag of this contest is that the independents almost always out-perform the professional analysts. Not this time. The June quarter Earnings Smackdown went to…

The quarter ended in a split decision. Indies took eight of the top 10 spots, but also four of the bottom five.

Apple had a boffo quarter, and once again the indies clobbered the pros.
Apple missed, and the radically bullish indies got schooled by the more conservative pros. It's the world turned upside down! A tip of the hat to...…
Once again, the indie analysts clobbered the pros, taking nine of the top 10 spots.
Once again, the indie analysts clobbered the pros, taking seven of the top 10 spots.
For once it was a Wall Street analyst -- not an independent -- who turned in the most accurate estimates.
A tip of the hat—again—to Above Avalon's Neil Cybart.
The analyst who clung to his $150 price target even as Apple rolled past $300 has left the building.
Read More Jun ('Sell Apple') Zhang is out at Rosenblatt Securities
The pros bow to the indies once again, ceding 4 of the 5 top spots.
Read More Exclusive: Best and worst Apple analysts, Q3 2019 edition
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