The professional analysts were bested -- once again -- by the bloggers
There's a good reason most Wall Street analysts don't publicly review their predictions after the fact. It's called self-preservation. Who wants to advertise how badly they misunderstood the companies they follow?
Case in point: Apple (AAPL), and the quarterly report it issued Monday afternoon. Apple management gave ample warning that it wanted to change its accounting procedures under the rules MOREPhilip Elmer-DeWitt - Jan 26, 2010 4:39 AM ET
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