Oppenheimer: In the past, we provided a single point estimate of guidance that was conservative, that we had reasonable confidence in achieving.
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In the past we provided a single point estimate that was conservative.
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In the past, we gave you a single point estimate of guidance that was conservative, that we had as reasonable confidence as you can have that we would achieve.
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In other words, if the FOMC announces that it wants the Federal Funds rate to be 4 percent rather than the existing 5 percent, the amount of open market purchases needed to achieve this target is likely a range rather than a point estimate.
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The core index, which measures prices on items excluding food and energy, picked up 0.1%, just one percentage point under the estimate.
But it has shaved nearly a full percentage point off its estimate of growth next year a reflection that after the spurt of growth in the first quarter of this year, the economy has been weaker than expected.
This data point supports my estimate of 50.5 million iPhones sold in the quarter as it lowers the numbers needed for other carriers to sell by 700, 000 or it could indicate that Apple sold more than I am projecting.
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Brazil should grow around 3 percent next year, a conservative estimate at this point.
As a reference point, his next highest estimate of smartphone sales was with Huawei, at 47.9 million sales.
The point is that a qualitative estimate of the demand is around one billion shares compared to the supply of about 250 million shares.
Those 7.6 cents reflect 40 percent of the 19-percentage-point difference based on the crude estimate.
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Update if I correct for my math error, then the bearish estimate gave a 700 point downside to the Dow.
However, a key point is that they do not estimate this over the entire life of the account, but rather use an arbitrarily truncated time horizon to estimate the effects.
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They calculated the force in question from the contact area of the toe, and found that toe pads were still sticky two minutes after the sliding had stopped, long after the point when, according to their estimate of its viscosity, all the mucus would have drained away.
To run simulations, Guillermo Owen of the Naval Postgraduate School in Monterey, California, uses intelligence data from the US Air Force to estimate on a 100-point scale the importance a wanted man attaches to his likes (fishing, say) and priorities (remaining hidden or, at greater risk of discovery, recruiting suicide-bombers).
Galton's estimate relied on using every available point (there are generally between 35 and 50).
The 6.1% decline is an advance estimate that may be revised over the next two months (the advance estimate regularly changes by a full percentage point or more once the Commerce Department has more complete data).
Militant environmentalists have a point when they claim that economists put a low estimate on the harm from global warming and a high one on the likely costs of curbing emissions but this falls into the category of shying away from clarity.
This is one thing that economists of all stripes agree will directly affect growth, and a half percentage point, I believe, in growth is what economists estimate the payroll tax cut would provide.
The second point on which economists take issue with Lord Stern is his estimate of the cost of mitigating climate change.
Manufacturing output is surging and GDP growth could exceed the current estimate of 2.5% by a full percentage point.
In the above chart, if the market share declines by half a percentage point in 2013, this knocks around 10% off our price estimate.
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The key point about this ring-fencing is that it is simply an estimate by the Treasury of the level of spending needed to maintain services as they are.
Apple down 7% over the past several days and trading at just 11x (ex-cash) our CY11 pro forma EPS estimate, we believe the stock represents an attractive entry point for investors.
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We forecast market share remaining stable for both currently but note that a hypothetical 5 percentage point increase implies 2.5% upside in our share price estimate for Intel and 11% for AMD.
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Both estimate that shipments of traditional computers dropped by a tenth of a point in the second quarter of 2012 -- not a good sign when Intel's Ivy Bridge processors and a wave of Ultrabooks were supposed to usher in a PC renaissance.
With a crossover point of about 300 percent of FPL for those aged 30 to 44, we estimate that about one-third of those older than age 29 with incomes greater than 138 percent FPL will see higher premiums even after accounting for premium assistance.
Dealers at such firms estimate that, tellingly, yields on samurai bonds rise about half a percentage point once they are traded in the secondary market.
Inheritance taxes are a minor source of government money, accounting for less than one percentage point of the 8-9% of GDP in revenues that Messrs Piketty and Saez estimate is raised by capital taxes.
Even a 50 basis point increase in annual growth of customers per restaurant beyond our projections would boost our price estimate by almost 3% assuming we hold the total number of restaurants and profit margins flat.
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