Hey, I like Gene, he’s one of the few analysts out there that gets Apple. But he shouldn’t soil that reputation and hurt thousands of investors by intentionally misleading them.
After a string of incorrect Apple-related predictions — including a supposed “new product event” in March or April — one of Gene Munster’s prognostications came true yesterday, as Apple announced an online radio service at its WWDC conference. Back in October 2012, Munster predicted that Apple would release such a service in 2013.
Since we began tracking him in late 2012, Munster has gone 9 for 15 with his predictions for a $0.82 yield, resulting in an F grade. Visit Gene Munster’s PunditTracker Profile page (click here) to see his other predictions, many of which are still open for voting (we grade you on your votes afterwards!). Munster continues to call for both a TV and watch, although as time passes, his timelines steadily get pushed back.