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Technology Stocks : PALM - The rebirth of Palm Inc.
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To: Win-Lose-Draw who wrote (3924)2/27/2001 10:43:42 PM
From: Mang Cheng  Read Replies (1) of 6784
 
WLD, Palm books revenue as soon as they are shipped. For example, Judy said all Christmas stocks were shipped by November. So eventhough this qtr includes the December month, Christmas sales won't be in this Qtr's number since what they shipped in December would be used in Jan. on (which was a slow month). But of course, I have to ask what does it mean by "ship" - the date it goes out of the warehoues ? The date the store receives the shipment? or when the store pays for the shipment ?

So for Tom's example, for the stores received the shipments in the last few days, Palm obviously had to start "shipping" the stuffs quite a few days before. So the stocks "shipped" out tomorrow won't arrive at the store until next week but theoretically should still count as this qtr's.

Mang
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