InvestorsHub Logo
Post# of 147294
Next 10
Followers 1
Posts 496
Boards Moderated 0
Alias Born 06/07/2003

Re: None

Monday, 01/22/2007 10:01:31 AM

Monday, January 22, 2007 10:01:31 AM

Post# of 147294
07:09 AAPL Apple gets a bruise by blaming a $1.99 fee on accounting rules - WSJ (88.50 )

WSJ reports Apple recently told some customers they would have to pay $1.99 to download a software enhancement that enables a wireless-networking technology already included on some of its computers. Apple's reason: Accounting rules forced it to make customers foot the bill for the enhancement.

That's an excuse, counter accounting experts and officials at the body that sets accounting rules, known as generally accepted accounting principles, or GAAP, for public and private cos. Rather, Apple is choosing to make customers pay so that it receives a particular accounting treatment it considers most favorable to it, they say.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent AAPL News