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Sat, Nov 21, 2009 - 01:38 AM EST  —  AAPL: 199.92 (-0.59, -0.29%)  |  NASDAQ: 2146.04 (-10.78, -0.5%)

Craig Berger’s dismal Apple track record (analyst who today claimed iPhone production cuts)
Monday, November 03, 2008 - 06:56 PM EST

"What is it with Craig Berger and Apple? The FBR Capital Markets analyst made headlines Monday with a report that Apple had slashed iPhone production for this quarter — down as much as 40% from the September quarter in which Apple racked up record sales of 6.9 million units," Philip Elmer-DeWitt reports for Fortune.

"Sounds pretty scary. But perhaps best taken with a grain of salt, given Berger’s track record with Apple," Elmer-DeWitt reports.

"It should be noted that Berger specializes in chips, not computers or smartphones. He is not on StarMine’s list of analysts who spend a significant amount of their time covering Apple . Nor does he appear on the list of analysts dialing into Apple’s quarterly earnings calls," Elmer-DeWitt reports.

Full article which details Berger's erratic record of Apple "analysis" here.

[Thanks to MacDailyNews Readers "Dale E." and "Cascadians" for the heads up.]


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Nov 03, 08 - 07:05 pm Comment from: minime

Andy Zaky covers it in more detail here.

Wonder who was first?

http://bullcross.blogspot.com/
smile

Nov 03, 08 - 10:12 pm Comment from: Gabriel

I had a feeling the earlier story about iPhone production cuts would turn out to be headline-grabbing nonsense (BillyBob, did you even *read* the article here??). Sounds like Berger is indeed far from reliable when it comes to Apple prognostication. So, I feel safe ignoring his nonsense for the time being.

Nov 03, 08 - 11:31 pm Comment from: Kenny Kopey

This rates right in there with the steve had a heart attack bull shit. No difference.

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