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Apple has long reported what its numbers would look like if it didn't have to defer recognition of iPhone sales, alongside its other numbers.
It is considering creating new rules that would force software companies to defer recognition of revenue from such contracts until the company fulfills all its obligations under the agreement.
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Patel's disclaimer only agitated his acolytes, many of whom interpreted it as further proof that Patel was Maitreya after all, the humble savior deferring recognition in a sort of crafty P.R. move.
As banks' fortunes improve with economic recovery, regulators are thought to be less likely to let them keep benefiting from a practice of "pretend and extend," under which they have deferred recognition of obvious real estate losses.
Yet since last year, Apple has deferred recognition of iPhone revenues.
Apple has long deferred recognition of iPhone sales because it offers users free software updates for its smart phones.
Those figures, however, discount the power of Apple's surging iPhone business, since Apple defers recognition of iPhone revenue.
Yet since last year, Apple has deferred recognition of iPhone revenues so it can continue to add new features to the phones without billing customers.
To date, we have deferred recognition of Payments revenue until the expiration of this period as we were unable to make reasonable and reliable estimates of future refunds or chargebacks arising during this claim period, due to lack of historical transactional information.
We have seen on the national level the problem created by deferring recognition of the mounting structural problems in the financial markets.
You want to shore up your reserves over time and defer your recognition of losses wherever you can.
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