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

To: Jonathan Bird who wrote (14154)	5/29/1998 4:47:00 PM
From: Alomex	Read Replies (1) \| Respond to of 213177

As Jon, points out, the problem is that there is not matching money elsewhere to show for the reduction in accounts receivable. I don't know enough accounting to be absolutely sure that the reduction in accounts receivable is/isn't reflected somewhere in the balance statement. Certainly to the untrained eye it looks like Apple collected $200 million in revenues out of their stash of sold-but-not-paid-for computers and have only $100 million to show for it. It seems Jon knows quite a bit about accounting, so I'll defer to him...