Latest in Amateur

Image credit:

When it comes to forecasting Apple's earnings, amateurs are better than the pros

Vlad Savov
01.20.11
Share
Tweet
Share
Save

Sponsored Links

The Challenge: predict seven key metrics of Apple's fiscal success over the past quarter -- such as sales numbers, profit margins, and gross revenue -- with the highest accuracy. The Competitors: In the blue corner, a bunch of amateur finance bloggers, and in the red corner, a cabal of professional analysts making mad dough at banks and trading houses. The Conclusion: whatever you're paying for your "expert" advice on the future financial wellbeing of Apple, or any other tech stock for that matter, stop. Just... stop.

All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission.
Share
Tweet
Share
Save

Popular on Engadget

Engadget's Guide to Privacy

Engadget's Guide to Privacy

View
Pocket Casts will give existing desktop customers Plus for life

Pocket Casts will give existing desktop customers Plus for life

View
Verizon will bring its 5G network to NYC on September 26th

Verizon will bring its 5G network to NYC on September 26th

View
Switch Lite review: The best way to play on the go

Switch Lite review: The best way to play on the go

View
Amazon plans to hit Paris climate change goals 10 years early

Amazon plans to hit Paris climate change goals 10 years early

View

From around the web

Page 1Page 1ear iconeye iconFill 23text filevr