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Technology Stocks : Apple Inc. -- Ignore unavailable to you. Want to Upgrade?

To: NAG1 who wrote (63620)4/26/2007 5:46:35 AM
From: Cogito  Read Replies (2) | Respond to of 213177
 
Neal -

I just did listen to the CC, and read along with a transcript as I did so.

The rationale they gave about deferring revenue from the Apple TV is that they are going to be providing new features via software updates, and they will not charge for them. This means that they will be incurring ongoing costs that will not be offset by revenues. Hence a desire to flatten out the revenue so that it will balance out the ongoing expenses.

That's the same rationale they gave for the iPhone revenue recognition plan as well. They also said that they will recognize payments from Cinglar AT&T as the receive them.

- Allen



To: NAG1 who wrote (63620)5/5/2007 6:50:00 PM
From: inaflash  Respond to of 213177
 
Former Apple CFO: Saving Face or Fanning the Flames?

ecommercetimes.com

Someone else echoes the sentiment here. I just want to know, who's getting a check for $3.5 million. I hope it shows up on Apple's next quarterly report, just don't ask the accountants which line to list it under without spending another million, less they be wrong and on the hook for the error.

Message 23493264 and Message 23494370


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