Apple recognizes revenue when persuasive evidence of an arrangement exists, delivery has occurred,
A product (the phone) has been delivered at the beginning of the
Revenue recognition is an accounting principle which provides
revenue when persuasive evidence of an arrangement exists, delivery has
The Company recomes whene v e evidence of an rangement exists, delivery has
These new revenue recognition changes now enable Apple to
high-level explanation of why the answers to “How
Is Apple's explanation for why it adopted the new rules retrospectively clear 3.
On Revenue Recognition in Multiple-Deliverable Arrangements. By
undiscounted VSOE of the training is deferred , meaning that the entire