GT Advanced Technologies Inc fka GTAT

[cents2ks]

[UPDATED][Can i get some comment from anyone here on the "deferred revenue" on the balance sheet?

Does anyone have reason to believe that I am right or wrong?

I believe that approx 177m in liabilities will vanish on the next MOR...am i wrong?

Happy NEW year GTATq...

DEFINITION OF 'DEFERRED REVENUE'
Advance payments or unearned revenue, recorded on the recipient's balance sheet as a liability, until the services have been rendered or products have been delivered. Deferred revenue is a liability because it refers to revenue that has not yet been earned, but represents products or services that are owed to the customer. As the product or service is delivered over time, it is recognized as revenue on the income statement.

from here:http://www.investopedia.com/terms/d/deferredrevenue.asp


who else but apple would we owe that kind of coin to for undelivered product?
...does that not go byebye under the settlement?

Xena,Larry,Caz, somebody help me here?