06-18-2013, 08:44 PM
Interestingly, it looks like Samsung is now getting a taste of what it's like to be Apple. Analysts pump up the stock with ridiculously overblown estimates, and then mass downgrades appear giving the impression of failure.
http://tech.fortune.cnn.com/2013/06/18/s...owngrades/
Some quotes from the Reuters article:
Question is, is it Samsung (or Apple)'s fault when they don't meet estimates, or the analyst's fault for getting it completely wrong? Either way, it's the shareholders who suffer.
http://tech.fortune.cnn.com/2013/06/18/s...owngrades/
Some quotes from the Reuters article:
Quote:Analysts fell under Samsung Electronics Co Ltd's marketing spell when they made what they now admit were hopelessly optimistic forecasts for its smartphone sales.
Quote:massive wave of downgrades
Quote:lost nearly $20 billion in market value in a week as shares plunged
Quote:The S4, in reality, also lacks any real wow factor, they say.
Quote:Expectations for innovation have been lowered, and I don't think there'll be as much buzz surrounding new product launches as it used to beSounds familiar? It's no fun when you are no longer Wall Street's flavor of the month,
Question is, is it Samsung (or Apple)'s fault when they don't meet estimates, or the analyst's fault for getting it completely wrong? Either way, it's the shareholders who suffer.
Ex SWG, L2, CoH, Wow, and War
Currently PvPing in the stock market
Currently PvPing in the stock market
