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Apple’s iPhone subscription accounting changes
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Inside Apple’s iPhone subscription accounting changes
This article is worth the read if you want to understand the accounting change, past and to come, that will alter the perceived iPhone impact on Apple’s bottom line.
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Another interesting point hidden in subscription accounting is the fact that the Iphone has passed the Mac segment in revenue to move into #1 for Apple despite the record Mac quarter with revenue of 3.952B. If we take the Iphone GAAP number 2.297B and add the Non-GAAP adjustment 2.383B the Iphone/ATV revenue was 4.68B.

