Wednesday, November 14, 2012

AAPL: Investors Don't Understand Apple's Math - A Mistake

Investors Don't Understand Apple's Math - A Mistake
by Bill Maurer

ESPN, the sports network, has a show called Numbers Never Lie. A panel of sports analysts explain a bunch of numbers and their significance. For example, a football team leads the league in fewest points allowed, and subsequently, that team is in first place in the league. On the face of it, numbers never lie. A fact is a fact. However, numbers don't always tell the whole story either. For instance, back to a football reference for a second. Between 2009 and 2011, 0% of games that went to overtime ended in ties. While every game during that period that went to overtime ended with one team winning, it didn't mean that a tie couldn't occur. We saw a tie this weekend. read more »

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