2old2run

Apple's Deferred Revenues Revisited: This Was a Blow-Out Quarter

What that means is that the $3.3B figure is gross and not net of costs and taxes. However, assuming a 33% gross margin and a 35% corporate tax rate, that translates into about $700M of net income to be spread out over time.

Apple at $135: Low Hanging Fruit

Finally, a rational, well articulated article about Apple Inc.

Apple Might Have Fallen Unfairly, but Look Before You Take a Bite

Apple reported free cash flow of 2x earnings putting its cash position in the $18B range. Incredible! The company is a cash generating cow!
The movie rental business will just fuel their cash generation.

Apple and Intel Fail to Impress: Waiting for the Fed's Next Move

Chris,
Youse gotsa learned howse two rite!

Do you know how to read a financial statement?