Analyst Wars: How bloggers out-do the professionals
Immediately after any set of Apple results there is a lot of navel searching by professional analysists and the blogosphere in general. "Why were forecasts so far out" is all too familiar when it comes to analysing Apple's figures. Sales forecasts are the biggest pitfalls and this time around some of the leading analsists were embarrassingly while bloggers, notable Horace Dediu of Asymco, called it more or less right on. According to Bloomberg Dediu is the most accurate analyst covering Wall Street. Yet he isn't on the Street, he's blogging away quietly in Finland.