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This was interesting given that Apple has a long history of low-balling its guidance.
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But look no further than recent headlines for real world proof that government economists may be low-balling the costs of climate change.
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Four suits have already been filed by shareholders who think he's low-balling.
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Of course, Burkle, might have been low-balling Interstate Bakeries five years ago.
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Hawkins and Cates completed a lengthy sum-of-the-parts valuation of Dell that blasted the founder and private equity shop Silver Lake Partners for low-balling.
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Can it be that the Federal Government is purposely low-balling inflation?
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And I think a lot of that's going to come into play and that 700 billion, asstaggering as that number is, is low - is going to be low-balling.
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While Apple has a long history of low-balling guidance, CEO Tim Cook on the post-report conference call appeared to be telling the Street that Apple really means what it said this time, and that the projected revenue range for FY Q2 is really what the company thinks it will post.
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One of the most worrying aspects of the Barclays settlements with the CFTC, the U.S. Department of Justice and the U.K. Financial Services Authority is the acknowledgment that Barclays had attempted as early as 2007 to flag its concern that other banks were low-balling their Libor bids to the U.K. authorities including the Bank of England, the FSA and the British Bankers Association.
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