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Originally Posted by widgeon13
both the company and the analysts would like to have credibility, so it does no one any good long term to mislead the public or the shareholders. If the targets are set and not achieved, the stock reacts....
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I hear what you're saying, but I guess what prompted my thread was Apple's quarterly report yesterday. Obviously, they "blew away" the analysts' estimates, but then it was generally reported that Apple consistently "underprojected", so that makes me wonder "what's the point of it all"? I know, I know, ....the talking heads must have something to chat about. I guess I just don't get the prediction/projection aspect...why do it at all (since they consistently miss), just wait a few days until the REAL numbers come out and save some hot air
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