Fortune Tech:

It’s the job of analysts to make sure that they set reasonable parameters to their estimates based on how Apple guides. Everyone knows that Apple is conservative, but they are consistently conservative. They do offer a clear-cut range, which should be the upper and lower parameters based on the quality of the quarter. This quarter, Apple harped on the fact that this would be a transition quarter. Yet, analysts didn’t seem to take the hint.

Finally, someone who understands.