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What does the term quality of earnings mean

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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?

Reference no: EM13540081

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