You mean to tell me that each of these guys, suddenly, spotted this weak trend in iPhone and iPad sales and just so happened to lower estimates and price targets at the same time, on the same morning. Give me a freaking break! Do they think we're total idiots?
This is absurd. Absolutely absurd. These guys need a weatherman to know which way the wind blows.These guys are dangerous. When you read me, it's implied: I have an opinion. I work 16 hours a day doing what I need to do to inform that opinion. But, at the end of the day, it's an opinion, not a recommendation. You take my perspective on the market and react to it -- love it, hate it, whatever -- and hopefully use it as one part of your due diligence process on companies and stocks. That's pretty straightforward. These guys who, all at once, after months of extreme bullishness, come out with reduced estimates and lower price targets on the basis of "checks" they apparently did, on whimpers of "demand" problems for iPhone and iPad deserve your wrath! People sold AAPL Monday morning. Scared long-term investors ran, only to see the stock finish way off of its lows. That's the short-term damage these guys cause.