ParisLemon

Philip Elmer-DeWitt breaks down how analysts — both Wall Street and independent — did in guessing Apple’s lastest insane quarterly numbers.

Check out his spreadsheet at the bottom of the page. You’ll note that almost all of the green is at the top (Independent analysts) while most of the red is at the bottom (Wall Street analysts). Hendi Susanto of Gabelli & Co. should get a special award — he actually believed Apple’s revenue would be below even Apple’s own guidance (that never happens). 

To me, there are two really crazy things about this spreadsheet (which says all you need to know about how good Apple’s quarter was):

1) No one — not one analyst — predicted a number above Apple’s actual revenue. The closest one was still well over a billion dollars off.

2) Earnings Per Share and Gross Margin were even crazier. No one was close on either.