https://www.cnbc.com/2018/05/02/wall-street-analysts-were-panicking-before-apples-earnings-and-got-it-dead-wrong.html

Wall Street rarely likes to talk about its mistakes, but Apple analysts are now admitting in notes to clients that they repeatedly messed up their analysis and forecasts for the smartphone maker.

Apple reported fiscal second quarter earnings above expectations Tuesday, despite a slight miss in its iPhone unit sales number versus estimates. Investors are also relieved due to the company's much better than feared June quarter sales guidance range of $51.5 billion to $53.5 billion versus $51.61 billion expected by Thomson Reuters consensus.