A Wall Street Journal article noted that Apple reported higher income than its competitors by using a more aggressive policy for recognizing revenue on future upgrades to its products. Some contend that Apple's quality of earnings is low. What does the term "quality of earnings" mean?
A Wall Street Journal article noted that Micro Strategy reported higher income than its competitors by using a more aggressive policy for recognizing revenue on future upgrades to its products. Some contend that Micro Strategy's quality of earnings is low. What does the term "quality of earnings" mean?
A Wall Street Journal article noted that MicroStrategy (USA) reported higher income than its competitors by using a more aggressive policy for recognizing revenue on future upgrades to its products. Some contend that MicroStrategy's quality of earnings is low. What does the term "quality of earnings" mean?