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True. Also to count software accurately you'd need to break each device sale into both a software and hardware sale.
by flogic 16y ago
True. Also to count software accurately you'd need to break each device sale into both a software and hardware sale.
- pt 16y agoAs per GAAP accounting rules, Apple is likely to be doing this separation already. Hardware and Software sold together on a device are supposed to be revenue recognized differently. http://www.cfo.com/article.cfm/14440468 http://www.cfo.com/article.cfm/14440468
- deleted 16y ago[deleted]
- andre3k1 16y agoYes, but generally accepted accounting principles do not dictate how to separate the two. What percentage of revenue should be classified as software? What percentage of revenue should be classified as hardware?