As per attached ERN screenshot comparing Apple's reported versus estimated adjusted earnings over the previous $16$ quarters, what can you infer about this pattern?

This pattern tells us that we need to analyze more details behind the earnings report before analyzing whether it is bullish or bearish.

$$ t you can accurately predict whether AAPL's reported EPS will beat or miss the

estimated consensus, you can make a fortune.

AARL usually beats the consensus estimate, so a smart strategy is to buy AAPL the day before they report earnings.