Accounting Rules Change Could Up Apple's Reported Earnings by 44%
YTD AAPL chart courtesy of Yahoo! Finance
Apple (AAPL) has had a very good 2009 so far based on what I’ve read and share price charts like the one above. And, this news from CNN/Fortune…
Apple’s 2009 earnings up nearly 44% under new accounting rules — analyst
…sure sounds like good news to my non-expert ears.
Apple’s stock close down slightly yesterday (Thu., Sept. 24) at $183.82. It has been hovering near Piper Jaffray analyst Gene Munster’s $186 target price for the past couple of days.
WORK SMARTER - LEARN, GROW AND BE INSPIRED.
Subscribe today!
To Read the Full Story Become an Adweek+ Subscriber
Already a member? Sign in