11 worst predictions of 2012

The Mayans weren't the only ones who got it wrong this year. Here are a few of the worst predictions of 2012.

Apple TV's arrival
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Apple's fanboys spread product rumors faster than the speed of light, so Jefferies analyst Peter Misek must have known his 2011 notes predicting an Apple television launch in mid-2012 would send Apple fans into states of rapture. Bummer, then, that he turned out to be way too early.

Apple TV isn't hitting shelves anytime soon. Misek isn't the only one at fault -- everyone got caught up in the Apple guessing game. The New York Times, for instance, reported that Apple was set to announce a TV set by late 2012. But it was Misek who made some of the most specific forecasts. He said he had knowledge of Japanese manufacturer Sharp being asked to produce Apple TV screens. Misek recently revised his outlook, and now expects Apple TV to launch in September or October of 2013. We'll see.


  @FortuneMagazine - Last updated December 21 2012 07:02 AM ET
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Fortune 500: Top-performing stocks of 2012

It's been a strong year for stocks, and these ten Fortune 500 companies have outshined the broader market. Nearly all of them have doubled. From Bank of America to Whirlpool, here are the biggest winners.

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