(Note: Originally posted in October, but since Shaw has seemingly taken my words to heart I thought I'd repost.)
Though he's been trying to get better, every now and then Shaw Wu comes up with something that makes you say.... HUH?
So here's the latest:
But for December, the Street’s view is too high at $8.6 billion and $1.38; Wu thinks it’s more like $8.1 billion and $1.25. “For the December quarter, we believe AAPL will most likely continue its tradition of conservative guidance to help reign in unrealistic expectations,” writes Wu.
Shaw, are you the only one still playing the cat and mouse game with Papa Peter? The rest of us are going it alone. Find me the last time Apple didn't beat the Street after issuing the lowballed guidance.
So you think Apple's gonna say $1.25...big deal. The point is, what do you think they're really going to make?
Hint: It's going to be higher than the $1.38 Shaw. So how is $1.38 "unrealistic?" You following this?
And dude...$185? C'mon.
Gonna have to consider re-issuing n00b status on you pal. You're slipping.