“Meanwhile, chatter on the Street suggests an increasing likelihood that Apple (AAPL) will miss analysts’ consensus when it posts results for its holiday quarter on January 23rd. This would be Apple’s third consecutive miss after falling short of Wall Street’s consensus in both the third and fourth fiscal quarters last year, and it would come at a time when Apple shares are still trying to recover after having lost more than 25% of their value in late 2012.”
The thing is Apple’s own estimates targets are just fine and we expect them to be met. Analysts on the other hand, not knowing what they are talking about, create frivolous expectations and are always mad when Apple unveil each record breaking quarters because Apple missed their targets. And now you wonder why the financial markets are so fucked up?