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Corona
It's cool, I'm takin it back
Premium
join:2000-03-14
Dallas, TX

HMM

So because APPLE doesn't want to do the proper accounting, they're charging users for this?

Gimme a break.
--
-Corona

russotto

join:2000-10-05
West Orange, NJ

The problem isn't that they don't want to do the proper accounting. The problem is the way they'd have to account for it.

According to Apple's accountants, if they deliver a free new feature for an existing product, they can't book any of the revenue for that existing product until the time the new feature has been delivered. This is because the new feature is considered part of the existing product, hence the existing product isn't considered "delivered" until the new feature is delivered. Since they've already booked that revenue, they can't deliver the free new feature without risking a trip to Federal "PMITA" prison.

If they charge for it, they can consider it a separate product and there's no problem.

It's crazy enough to be true. Sarbanes-Oxley is a major albatross around the necks of every public company in the US.



Corona
It's cool, I'm takin it back
Premium
join:2000-03-14
Dallas, TX
Reviews:
·AT&T U-Verse

reply to Corona
There's other ways they could've gotten around the $5 fee.

Hell, give the users back a "free" $5 itunes card, or do a rebate or something. By charging $5 for it without giving them anything but the firmware makes them look like greedy bastards. I'm sure there's proper accounting methods to follow, it's just that they don't want to go through the hassle.
--
-Corona

"No, make no mistake. It's not revenge he's after. It's a reckoning."



tokevino
Rain

join:2001-12-03
AZ

said by Corona:

There's other ways they could've gotten around the $5 fee.

Hell, give the users back a "free" $5 itunes card, or do a rebate or something. By charging $5 for it without giving them anything but the firmware makes them look like greedy bastards. I'm sure there's proper accounting methods to follow, it's just that they don't want to go through the hassle.
Do you know how expensive for any company to run a rebate program? Charging $5 barely breaks even the costs of process the $5 revenue. Apple won't make much money of this (if any).

Of course, as a user you may have all kinds of reasons to get mad, but the new accounting rule is much less forgiving than a few angry customers in this case. Besides, some people are never happy about anything anyway...

haertig

join:2000-12-31
Broomfield, CO

reply to russotto
So does this mean that Microsoft will need to charge a seperate Sarbanes-Oxley fee for Vista? After all, Vista unlocks a previously unadvertised feature of some hardware ... namely, draconian DRM restrictions.



Jim Gurd
Premium
join:2000-07-08
Plymouth, MI

reply to russotto

said by russotto:

It's crazy enough to be true. Sarbanes-Oxley is a major albatross around the necks of every public company in the US.
True that.
--
To be rich in friends is to be poor in nothing.

Enlightener

join:2006-01-28
Cedar Park, TX

reply to russotto
Funny, this didn't seem to stop Microsoft from releasing the Fall Update to the XBOX 360 which enabled countless features.


Zak3056

join:2002-01-28
Greeneville, TN

said by Enlightener:

Funny, this didn't seem to stop Microsoft from releasing the Fall Update to the XBOX 360 which enabled countless features.
I'm not a console guy, so I may be mistaken, but don't you have to pay a subscription fee for xbox live to get those kind of updates?

smcallah

join:2004-08-05
Home

No, because Xbox Live Silver is free for every console, and it allows you to download the updates.


backness

join:2005-07-08
K2P OW2

reply to tokevino
or maybe just post the patch on the website and let the users download it as the users see fit as is the standard for the rest of the industry?



Corona
It's cool, I'm takin it back
Premium
join:2000-03-14
Dallas, TX

reply to Corona
I'll bet it just happens to get "leaked" and everything will be just fine.



anonyy

@rr.com

reply to Enlightener
Yeah, cedar park? Freezing my ass off in Round Rock.

Anyways, I guess since the xbox 360 is already advertised with including xbox live silver, the free one. And since xbox live silver is advertised as being able to update your system and whatnot, I guess they don't have to charge them? I don't know.



dvd536
as Mr. Pink as they come
Premium
join:2001-04-27
Phoenix, AZ
kudos:4

reply to Corona

said by Corona:

By charging $5 for it without giving them anything but the firmware makes them look like greedy bastards.
I couldn't have described apile (whoops i meant apple)any better.
--
You can never be too rich, too thin or have too much Bandwidth

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