Accounting for the iPhone Upgrade Program (A)

By: Krishna G. Palepu • Monica Baraldi • Jonas Heese • H. David Sherman

Synopsis

On September 9, 2015, Apple Inc. announced the "iPhone Upgrade Program," a new way to purchase iPhone models 6s and 6s Plus in Apple's retail stores throughout the U.S. Next to the strategic implications of the Upgrade Program, financial analysts tried to understand the accounting implications, especially the recognition of revenue, which the Upgrade Program could have on Apple's financials. Analysts' reactions to the disclosure were mixed. Was Apple's accounting system "right" for the iPhone Upgrade Program introduced in 2015?

Book Details

Book Quality:
ISBN-13:
Publisher:: Harvard Business Publishing
Date of Addition:: 2017-12-11T16:09:03Z
Language:: English
Categories:: Business and Finance, Nonfiction,
Usage Restrictions:: This is a copyrighted book.