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"But our guidance is going to get better and better each year," he added.
"Hitting their full-year revenue guidance is going to be very difficult," said Timothy Horan, who follows the company for CIBC World Markets.
"Some sort of long-term guidance is going to be necessary," either from an industry group or from governments, he said, adding that G.M. had recently finished extensive computer modeling and crash tests of what happens when sport utility vehicles, pickup trucks and vans hit cars, and had voluntarily shared the results with many other automakers.
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And investors waiting for longer-term guidance are going to be waiting a darn long time.
But despite the legal guidance, the hoverboard fad is going from strength to strength.
Anyone who is willing to offer guidance, advice and time is going to expect something in return.
In the three months to June the social network's revenues were 32% higher than a year earlier, but it made a net loss of $157m and there was little guidance as to how it is going to make money from ads on mobile devices.
Intel's guidance for the fourth quarter is going to become the trendsetter for Wall Street trading on Wednesday.
"The guidance that we use is: what is going to be beneficial to the end user?
"We want to offer you transparency into what happens at the board level as well as guidance as to where the company is going," Mayer noted.
"Without his guidance and strong will, the paper is going to have a hard time keeping its edge and even staying afloat".
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