I believe that Apple’s management made three critical errors in their forecast for this last quarter that were predictable precisely because they had made the same errors before — errors that I wrote about at the time. In other words, I am very much susceptible to confirmation bias as well.
That noted, if indeed I am right, then that is good news for Apple: I suspect the company is in better shape than the last week of hysteria suggests.
Good examination from one point of view of what happened to Apple last week. The Quarterly Call at the end of this month will be very interesting.