FORTUNE — Bullish Cross’ Andy Zaky, whose rise and spectacular fall as an Apple (AAPL) hedge fund manager is the stuff of investor legend, no longer cares what the company says on Monday about last quarter’s sales and earnings.
And that’s quite a change.
It was Zaky who first started pitting amateur Apple analysts against Wall Street’s professionals — the “Earnings Smackdown” ball I picked up five years ago and have been running with ever since.
For several years, the amateurs regularly trounced the pros, in part because guys like Zaky had a better handle on how the company was accounting for iPhone sales in the early years, and in part because Steve Jobs liked to play a lowball game with Wall Street, giving guidance so absurdly pessimistic nobody knew what to expect.
That’s one of the things Tim Cook quietly changed when he took over as CEO. Now Apple gives “realistic” guidance, and for Zaky that drained all the drama out of the company’s quarterly earnings reports.
Zaky is not only one who feels that way. Here’s what some of pros are saying.
Bill Shope, Goldman Sachs:
Gene Munter, Piper Jaffray:
William Power, Baird:
Daniel Ernst, Hudson Square:
Ben Reitzes, Barclays: