Apple 2.0 Earnings Estimates
Philip Elmer-Dewitt is out with his Apple 2.0 quarterly estimates. As usual the pros are at an average EPS estimate of 10.32 while the independents are at an average EPS estimate of 12.28 for Apple (AAPL). After years of getting soundly beaten by the independents, the pros are making a minuscule effort to lessen the gap.
My very own estimate is 13.04 and can be found 3rd from the top. I am a member of the Braeburn Group. The below tells the whole story.