"analysts"
i don't get it.
i was catching up on my RSS feeds and i saw an article titled "...3G iPhone in June". woah! alright! too bad i just bought a 16gb iPhone.
but wait. apple never releases any of this information unless very carefully. and when reading RSS feeds, you know it's real because you see a zillion articles with the same title. so of course apple's not gonna release a 3g iPhone in june. and no, it's not gonna have flash either! and then i got to thinking, it's about time i posted a blog about how silly people think they are in predicting things like this.
i suppose it's merely like this: some bookie says dog 38 will win, hands down. 10 people believe him. soon, 7 people hate his guts, but 3 people love him. and will bet double on the next outrageous claim, thinking he's got "the inside scoop". maybe 2 of those will hate him, but one guy will think he is steve jobs himself. so i guess these phony baloney guys hope they'll find that one sucker that thinks the world of him.
predicting apple releases is almost like predicting the stock market. and unless you have a tumor in your brain that allows you to know pi, or some camera that takes a picture 5 minutes in the future, predicting the stock market is pretty tough.
why is it that people actually believe these predictions? if some dude says AAPL is gonna be $240 by june, why the hell would i believe that anymore than if so crazy bum on the street told me it was gonna be $130?
what gets an even bigger laugh is when market analysts try to predict long term AAPL growth. i read an article once that said the iPhone would fail because it would be too slippery. before anyone outside the company had even touched one!
[note: AAPL is going to be at $237 by August 12th. i promise. i know it for a fact.]
comments:
its true. but i am one of those 3 people and i feel very stupid when dog 18 actually wins.
The Invincible Blab | March 30 @ 6:33pm
Yeah, Abby, you and your gambling problems at the racetrack...
Will | March 31 @ 9:14am