Question: As per attached ERN screenshot comparing Apple's reported versus estimated adjusted earnings over the previous 1 6 quarters, what can you conclude about this pattern?

As per attached ERN screenshot comparing Apple's
reported versus estimated adjusted earnings over the
previous 16 quarters, what can you conclude about this
pattern?
a) AAPL usually beats the consensus estimate, so a smart strategy is to buy AAPL before they report earnings.
b) AAPL Usually misses the consensus estimate, so a smart strategy is to short AAPL before they report earnings.
c) AAPL usually beats the consensus estimate, but this does not appear to be a good indicator of the stock price reaction.
As per attached ERN screenshot comparing Apple's reported versus estimated adjusted

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