Apple Earnings Estimates: The Bloggers Beat the Pros

This past week Apple announced their Q2 2011 earnings. As to no one’s surprise, the numbers where astonishing. Apple grew their earnings 92% year over year beating the street by a mile. But perhaps what’s more interesting to develop out of Apple’s earnings, aren’t the earnings themselves but who got them right.

It turns out amateur bloggers were far more accurate in predicting Apple’s numbers this quarter than the professorial analysts who are paid big bucks to do so. The top 10 most accurate predictions, of Apple’s earnings, were from bloggers.

The table below ranks the best to worst forcastors for Apple’s Q2 2011 earnings.

Apple Earnings Estimates: The Bloggers Beat the Pros

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