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


To: HerbVic who wrote (85194)9/16/2009 2:30:54 PM
From: OrionX  Read Replies (1) | Respond to of 213186
 
Herb,

Fact is the last qtr had deferred revs from previous 8 qtrs of iPhones. By not deferring with subscription accounting only what's sold in the qtr will recognized. Unless iPhone sales go through the roof, and I don't see that right now, this accounting change is pretty moot and may not necessarily improve the PE ratio.