“‘Rising [AAPL] street estimates particularly for the iPhone,’ wrote Hudson Square’s Daniel Ernst two weeks ago, ‘sets a high bar for a beat,’” Philip Elmer-DeWitt reports for Fortune.
But, look at “the percentage difference between the estimates we’ve gathered from more than 50 analysts — professional and independent — in seven categories: revenues, earnings, gross margin and unit sales of iPhones, iPods, iPads and Macs,” P.E.D. reports. “That 18% gap in the EPS estimates is almost as wide as last quarter’s, and that was the widest we’d ever seen.”
P.E.D. reports, “The 18% gap between the Street’s estimates and the independents’ suggests that” Apple can still deliver an earnings surprise.
iMajenta 