analyst: a person who analyses or is skilled in analysis

Seems that some people need to go back to school. If you’re an “analyst”, don’t you think you’d learn a bit about that “thing” that you’re analyzing?

Not the case for “investor analysts”. How many times is “the market disappointed” by an Apple event? Seems to be the norm lately. And it’s because of false expectations.

Take the iPhone 5c announcement. Many “analysts” were disappointed because Apple didn’t announce a low-end phone that many “were expecting them to”. Where does this expectation come from? Certainly not Apple. If you had even an inkling of how Apple worked, you’d know that their M.O. is not to compete on price. They NEVER HAVE. Apple has never competed in the “race to the bottom”.

Yet, these “analysts” still lower the stock target price because Apple isn’t doing something that the “analysts” think they should. Which is totally opposite of how Apple has always operated. Does this strike anyone else as a bit nuts?