Replies to post #78097 on Apple Inc (AAPL)

[roni]

So it is your position that Apple did not say it was going to subscription accounting for the iPhone and for AppleTV because they would be providing occasional updates to the software for those products.

My memory is that this is exactly the rationale given for the subscription accouting for those two products and that it had nothing to do with the wireless service plans offered by T or with Apple's cut of that revenue - it could not have for the AppleTV, in fact.

[DewDiligence]

>Incidentally, it is NOT required by GAAP to do so, that is an election on Apple's part<

Conservative revenue recognition is something that sophisticated investors generally value in a company.

Do you know which way Apple accounts for the ATT-related revenue on its tax forms?