Apple earnings estimates – Blogger vs. high paid Wall Street Gurus

By scottamcgavin

http://apple20.blogs.fortune.cnn.com/2008/10/19/apple-q4-earnings-smackdown/

A blogger has put together earnings estimates for Apple compared to Wall Street analysts for Q4′08.  Earnings come out today at 5pm.  I just think it will be interesting to see – who comes closer – Analysts or a Blogger……The Blogger (Zaky) estimates that iPhones sold in Q4 will be 7.5 million unites or 85% higher than the Street’s 4.0 million estimate.

2 Responses to “Apple earnings estimates – Blogger vs. high paid Wall Street Gurus”

  1. Paul Curley Says:

    I wish some other group used the wisdom of the crowds method so that all three methods could be compared against.

  2. Matt Leahy Says:

    Wow, that was a very good guess by the Blogger. The actual number was 6.9M units shipped. That is a crazy number of iPhones, I cover the name, and I was shocked to see it that high. That goes to show you what international sales will do for you. Cheers.

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