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la-tsla-fan

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la-tsla-fan

Re: dndodd post# 395104

Wednesday, 01/28/2015 8:05:18 PM

Wednesday, January 28, 2015 8:05:18 PM

Post# of 433036
Guidance for Q1 2015 will include Apple sales for Oct-Dec, and therefore, should be high. The Q4 2014 recurring revenue guidance was $81-84 million and included only a few weeks of iPhone 6 sales. One caveat: Since we collect iPhone royalties from Apple suppliers, the timing of revenue recognition is not clear. Do we collect when the suppliers ship to Apple or when Apple ships to the eventual customers?

jmo
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