Aapl S Q3 Analysts Were Half Right But Oh So Wrong
Prior to yesterday’s earnings call, analysts were united in one view on AAPL’s Q3 – that whatever the numbers might be, they were going to be affected by the coronavirus crisis, so we shouldn’t read too much into them. The assumption was that disrupted supply-chains, store closures and an economic downturn would all hit sales of Apple products. It turned out they were half-right … but very wrong! Analysts though Apple’s revenue would be down year-on-year....