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> As a user, I’m glad Apple adds features to iOS without charging for updates... A minor nitpick: on the accounting side, Apple does set aside part of the pric
by wtmt 7y ago
> As a user, I’m glad Apple adds features to iOS without charging for updates...
A minor nitpick: on the accounting side, Apple does set aside part of the price of devices to provide software updates and features (imagined and not yet imagined at the time of sale) for a few years, deferring full revenue recognition on sold devices until then. So the cost of updates and addding software features has already been charged upfront to the buyer.
- SmellyGeekBoy 7y agoThis sounds more like a scheme to reduce their tax obligations (something Apple is very good at).
- dhagz 7y agoI forget the name of it, but there is a regulation that requires them to do that. You used to have to pay a small fee for iOS updates (I think just for the iPod Touch) - they got around it for the iPhone by doing this trick to have it considered a "subscription device".
- wilg 7y agoWasn't it to do with https://en.wikipedia.org/wiki/Sarbanes%E2%80%93Oxley_Act https://en.wikipedia.org/wiki/Sarbanes%E2%80%93Oxley_Act ?