At least we get to put the health care debate on hold for 48 hours while the big guys (not Bush) tackle the world's problems.
The accounting change (which determines when Apple can recognize revenue on iPhones and Apple TV) that I wrote about on Sept. 17 was approved last night.
According to Morgan Stanley, Apple's CY2010 revenue and earnings estimates go up by 11% and 21% respectively. As I wrote in the earlier post, in an efficient market this would not move the stock. I might be giving the market too much credit.