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Describe the current revenue recognition principle for iPhone disclosed in 10-K 2019 by Apple. How is the current rule different from the GAAP subscription accounting
Describe the current revenue recognition principle for iPhone disclosed in 10-K 2019 by Apple. How is the current rule different from the GAAP subscription accounting or the non-GAAP treatment proposed by Apple in 2007? What is your opinion about the new revenue recognition principle for iPhone?
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