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Thread: Accounting rule change expected to take effect for Apple soon

Started 3 months ago by AppleInsider
While Apple has until December of 2010 to implement new rules for reporting its earnings, a report predicts that Apple will adopt the changes by its next financial quarter. In his latest research note to investors, analyst Gene Munster with Piper Jaffray said that the changes to generally accepted accounting principles (GAAP) from the Financial Accounting Standards Board, formally adopted ...
Site: AppleInsider - Forums  AppleInsider - Forums - site profile
Forum: General Discussion  General Discussion - forum profile
Total authors: 8 authors
Total thread posts: 14 posts
Thread activity: no new posts during last week
Domain info for: appleinsider.com

Other posts in this thread:

Daniel B replied 3 months ago
With less than 5% difference, I guess they will drop the non-GAAP numbers.

wizard69 replied 3 months ago
This is the only thing I care about. If this removes Apples need to nickel & dime for iPod Touch upgrades then this could be very positive. Dave

teckstud replied 3 months ago
Quote: Originally Posted by wizard69 This is the only thing I care about. If this removes Apples need to nickel & dime for iPod Touch upgrades then this could be very positive. Dave It should but remains to be seen. Conversely this could also allow Apple to charge for upgrades now on the iPhone OS or...

camroidv27 replied 3 months ago
Quote: Originally Posted by teckstud It should but remains to be seen. Conversely this could also allow Apple to charge for upgrades now on the iPhone OS or AppleTV OS just like any other OS upgrade. We shall see. A good indicator will be to see if and when Apple pulls the $5 Touch 3.1 update off their website. ...

technohermit replied 3 months ago
Quote: Originally Posted by camroidv27 Honestly, I would expect them to start charging for iPhone OS upgrades along with the iPod Touch upgrades. It would be a nice little shot in the arm for Apple when they need it, not that they do. If it works on the iPod Touch, why not try charging the others? Even though people complain, they ...

Dr Millmoss replied 3 months ago
Apple wasn't "allowed" to charge for iPhone upgrades? What's the source of that fantasy?

teckstud replied 3 months ago
Quote: Originally Posted by camroidv27 If it works on the iPod Touch, why not try charging the others? Not quite sure how well it actually worked on the iPod Touch- the price was reduced 50% from $10 to $5 in less than 3 months. There was speculation that Touch owners weren't buying hence the reduction. I mean $...

teckstud replied 3 months ago
Quote: Originally Posted by Dr Millmoss Apple wasn't "allowed" to charge for iPhone upgrades? What's the source of that fantasy? Methinks the doctor needs his accountant ... or lawyer.

kresh replied 3 months ago
Funny how this little rule gets changed when Microsoft releases a device that will be offering significant free upgrades that will add new features, i.e. the ZuneHD. (games and programs are going to be free releases). I was wondering how Microsoft was going to give away these programs without charging for them, or taking a write-off. Lo and behold it is now a moot point. Will wonders never ...

Dr Millmoss replied 3 months ago
Quote: Originally Posted by kresh A) Microsoft secretly behind the scenes twisted arms to get the rule changed so they don't have to subject their customers to what Apple was subjecting theirs? -or- B) Apple, finally with some competition, twisted arms to get this rule changed so they could reluctantly stop gouging iPod ...

 

Top contributing authors

Name
Posts
teckstud
4
user's latest post:
Accounting rule change expected...
Published (2009-09-24 20:37:00)
Quote: Originally Posted by kresh Funny how this little rule gets changed when Microsoft releases a device that will be offering significant free upgrades that will add new features, i.e. the ZuneHD. (games and programs are going to be free releases). I was wondering how Microsoft was going to give away these programs without charging for them, or taking a write-off. Lo and behold it is now a moot point. Will wonders never cease? So... Was...
Dr Millmoss
3
user's latest post:
Accounting rule change expected...
Published (2009-09-24 13:50:00)
Quote: Originally Posted by kresh Yeah but there is no behind the scenes arm twisting, secret corporate conspiracies, Option "C" is just so vanilla! Sorry. Sometimes the truth is dull.
kresh
2
user's latest post:
Accounting rule change expected...
Published (2009-09-24 13:38:00)
Quote: Originally Posted by Dr Millmoss I pick: C) None of the above. Apple probably wanted this change mainly because it simplifies accounting and financial reporting. Yeah but there is no behind the scenes arm twisting, secret corporate conspiracies, Option "C" is just so vanilla!
camroidv27
1
user's latest post:
Accounting rule change expected...
Published (2009-09-24 09:35:00)
Quote: Originally Posted by teckstud It should but remains to be seen. Conversely this could also allow Apple to charge for upgrades now on the iPhone OS or AppleTV OS just like any other OS upgrade. We shall see. A good indicator will be to see if and when Apple pulls the $5 Touch 3.1 update off their website. Honestly, I would expect them to start charging for iPhone OS upgrades along with the iPod Touch upgrades. It would be a nice little...
technohermit
1
user's latest post:
Accounting rule change expected...
Published (2009-09-24 09:52:00)
Quote: Originally Posted by camroidv27 Honestly, I would expect them to start charging for iPhone OS upgrades along with the iPod Touch upgrades. It would be a nice little shot in the arm for Apple when they need it, not that they do. If it works on the iPod Touch, why not try charging the others? Even though people complain, they still buy the upgrade, and Apple will most likely take advantage of that. Let's just hope they keep it to...
AppleInsider
1
user's latest post:
Accounting rule change expected...
Published (2009-09-24 06:55:00)
While Apple has until December of 2010 to implement new rules for reporting its earnings, a report predicts that Apple will adopt the changes by its next financial quarter. In his latest research note to investors, analyst Gene Munster with Piper Jaffray said that the changes to generally accepted accounting principles (GAAP) from the Financial Accounting Standards Board, formally adopted Wednesday, will boost the company's reported...
Daniel B
1
user's latest post:
Accounting rule change expected...
Published (2009-09-24 07:13:00)
With less than 5% difference, I guess they will drop the non-GAAP numbers.
wizard69
1
user's latest post:
Accounting rule change expected...
Published (2009-09-24 07:15:00)
This is the only thing I care about. If this removes Apples need to nickel & dime for iPod Touch upgrades then this could be very positive. Dave

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