Standards board changes subscription accounting rules, Apple CPAs drunk with power
By Nilay Patel 
posted September 25th 2009 4:52PM
posted September 25th 2009 4:52PM
We'd heard Apple was pushing the Financial Accounting Standards Board to change the rules by which Cupertino's accountants reported iPhone and Apple TV revenue, and it looks like the effort was successful. The new rules allow Apple (and other companies like Palm) to report revenues on products that bundle hardware and software all at once, instead of parceling out the revenue over time using subscription accounting to enable free software upgrades. For investors, that means Apple's quarterly earnings reports will more accurately reflect the state of the company's cash flow, but we're more interested to find out if this means iPod touch OS updates will be free now, since the previous rationale for charging was that iPod revenue wasn't recorded using subscription accounting. We've got a feeling Apple's all too happy to take your $4.95, but we can hope, right?[Via MacRumors]
Mark -
10.5.1 through 10.5.8 = $0
Last service pack was 10.6.1
That was also $0.
So, unless your trying to be clever by referring to Snow Leopard as a Service Pack (which even the tech review sites say it is not), the answer to your question is that Apple charged $0 for that last service pack.
All this really points to is how F*cked up the accounting field is. You know, the group that gave us Enron. They can't keep up with the pace of change in the software field, just as the lawyers in the patent world.
The less people have a clue about reality the more likely they´ll end up in politics. And there´s a lot of lawyers in politics. ;)
wow, generalize much? Accountants gave us Enron!!! You will find bad apples (no pun intended) in every field.
David, what?
Are you a 1st year college student or soemthing? Apple can have, and does have, CPAs, you clown. FAIL
I just bought a "refurbished" iPod Touch 2g directly from Apple through their site as a gift for my niece. After tax and shipping, it already costs nearly as mich as a brand new one. I printed out a page from Apple's site that said "all iPods sold after 09/09/2009" would have the 3.x update, with no exception for "refurbished" products.
As I expected, it did not have the update. Most of the apps that worked on my iPhone before the 3.x software was released no longer offer 2.x compatible versions through the App Store.
I had to buy the update. I called Apple and they refuse to reimburse me, even though I still have that printed page from the web site. When I visit the site now, it no longer says anything about the update being pre-installed on all iPod Touches sold.
lol,Apple.
Boy, Apple sure has become quite entertaining when it comes to this sort of thing. Kind of like how they charged customers to "enable" 802.11n on hardware that shipped with that feature already built in. (The "update" only flipped the switch from "off" to "on".)
Kind of like how game publishers try to sell you "downloadable" content that's already on the disc you paid for, where the download is merely a receipt that tells the game you were dumb enough to pay for the "extra features".
Apple has always been money hungry. Even back when they started. Remember this, anyone??
http://adwido.com/view_content?vkey=2f7f7c328eeb8af3b1df21fdf2b00e88
"Apple has always been money hungry. Even back when they started. Remember this, anyone??
http://adwido.com/view_content?vkey=2f7f7c328eeb8af3b1df21fdf2b00e88"
Apple is a company, it's goal is to make money for its stockholders... do you want them to be money-phobic? And what does that ad have to do with anything?
Haha the updates will be free, and Apple will triumphant them as Apple being generous to their customers and deciding they shouldn't have to pay
Wrong reply box. Don't cha just love Blogsmith?