Everyone that looks at the accounting change sees it differently.  Some say its a big deal, others say not.  I just hope it fools investors enough to pour money into this company.  It’ll be a shame if the change is already baked into the current share price as some people have said.

Of course it’s baked into the current share price. This has been one of the factors that let AAPL have a higher P/E than companies in its sector. Surely there are other factors, but this accounting change will likely bring the P/E down a bit. iPhones are still in rapid growth mode. If this change came later in the iPhone curve, it could have actually hurt future AAPL quarterly revenues!

Munster is a tool. He couldn’t wait more than two weeks since whiffing on his previous expectations to predict share price. Why do we listen to him? He’s worse than a stopped clock.

Munster is a tool. He couldn’t wait more than two weeks since whiffing on his previous expectations to predict share price. Why do we listen to him? He’s worse than a stopped clock.

I disagree.  Munster is actually very good at seeing Apples potential, when other analysts scoff at the stock.  When the stock was at $80-$90 a little less than a year ago, he maintained his price target of around $200, or slightly less when others where crying wolf.

Time has proven his predictions to be correct, as the stock is now near his predictions from a year ago.  And, Apple has been undervalued for most of the past several years, and is way too ‘beta’ given the strength of the company!  Munster has seen through the short seller peddled BS.

the accounting rules should no affect the stock much, as Apple has published the numbers both ways for the last few quarters, so the current price should have the ‘real sales’ already baked in.  Todays opinion of Munster I for once disagree with, though Munster might be correct that the brickhead analysts will see the company differently, and as more profitable, if there are not two versions of reported earnings…

it’s baked into the current share price. This has been one of the factors that let AAPL have a higher P/E than companies in its sector

the accounting rules should no affect the stock much, as Apple has published the numbers both ways for the last few quarters, so the current price should have the ‘real sales’ already baked in

Apple will close its fiscal year with $36 billion in cash and no debt. Now consider that next fiscal year, even the simple minded will be able to understand Apple’s profitability and growth. At the current price of about $185, AAPL is grossly undervalued.

Sure deasys, but this was about Munster moving his target based on the accounting rule change. Apparently, he thinks that investors have been wearing blinders so that they don’t see what’s actually happening with cashflow. Child, please!