Um, okay, bud. Again, the "pattern" is what you misrepresent. You are assuming analysts are annually supplying utterly wrong information so they can artificially drive the stock price down (and presumably profit from their crime). Where's your backup for any that?
Before you try to explain, consider that I've been an AAPL investor for 21 years now, and I have never seen the criminal activity that you allege occurs with clockwork regularity. I've found most of the time the better analysts read the tea leaves pretty well.
I would have you notice another thing, which is that this report does not include a forecast for how any of this will impact Apple's revenue or profits in the coming quarter.
I think you’re misreading what I’ve been saying.
For years, KGI and Nekkei (sp?) *specifically* (as in, not all analysts) have put out the same rumor of supply chain sources indicating a problem prior to the launch of a new iPhone. After release, after the holidays, they put out another report (I understand that’s simply when the reports are due) saying that component orders have been cut in some dramatic fashion before Apples first financial report after the holiday season and it seems like sales are down.
Those two reports (supply chain sources indicate manufacturing problems, then component orders are down), in that order have been released from those two sources (KGI being the most reported) every. single. year.
I can only conclude that investors, not being stupid and clearly aware of this cycle, may have some other reasons for still publicly supporting these reports that are discredited year after year. I happen to think they serve as great mechanisms for “flash” trading firms to make a bonanza off the momentary spikes and drops (millisecond to millisecond) that the viral nature these reports cause.
Do I have any evidence for WHY I think they do it? No, that’s just where my mind goes given the more I read up on how predatory basically all Wall Street is.
My opinion on WHY, however, does nothing to the fact that this pattern exists (it does.).
I wrote up a post last year prior to the iPhone 7 launch when the component rumors were swirling documenting how the pattern had gone back at least 5 years at that point, citing the very reports and their release times. I’ll have to go back and dig it up when I’m back from my bike ride....
