AGAIN, APPLE BEATS THE MARKET AND THE ANALYSTS!

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I told you a few days ago.

The analysts’ estimates from a few weeks ago were: 0.99 | 0.824 | 0.70 (High | Mean | Low).

So … again and again, these analysts (of what?) don’t have any clue about what’s going on in the market.

For the quarter that ended Sept. 30, Apple earned $904 million, or $1.01 per share, compared with $542 million, or 62 cents per share, in the year-ago quarter.

Apple’s fourth-quarter revenue totaled $6.22 billion, compared with $4.84 billion in the same quarter last year.

Analysts polled by Thomson Financial expected earnings of 86 cents per share on $6.07 billion in revenue for the period.

You just have to have an iPod, a Macintosh or an iPhone to know more than these poor experts.

As I said, the iPhone is one of the most dramatic developments for the future of journalism.

It’s the first multimedia tool that’s really handy all the time – all the news, in text, sound and video.

And it comes with no instruction manual!

You buy a toaster and you get a 50-page manual.

You buy an iPhone and you can use it in minutes with no problems and no manual.

Apple should give away some iPhones to these poor analysts, perhaps then they will get it!

I am leaving this Wednesday for Europe and I’ll have two iPhones in my suitcase for two of our European consultants who live in countries where the iPhone dosen’t work yet.

But they can’t wait, they can’t!

Amazing, amazing!



THE BEST OF THE BEST BUT JUST ONCE EVERY TWO YEARS: BOB WOODWARD, CNN AND ROLLING STONE

Files under Journalism | Oct 30th

Read this month Rolling Stone cover story The Worst Congress Ever, that includes a great list with The 10 worst congressmen.

Bob Woodward could not do it better.

And if you watched last night CNN special report on prime time about Broken Government, you will agree with me about two things:

1. Rolling Stone, Bob Woodward and CNN are right.

2. But why they have not done this necessary reporting job before?

Why our best media are so politically correct for years and years and then, to our surprise, they tell us the true?

Something must be wrong when Bob Woodward discovers in the last day that Bush and his team were fooling us.

Something must be wrong when CNN discovers in the last day that Bush and his team were fooling us.

Something must be wrong when Rolling Stone discovers in the last day that Bush and his team were fooling us.

But we need real journalism everyday, not just every two years, right before the elections.

Thanks to Hold hands and fight