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  • Kevin
  • Member Since Sep 23rd, 2006

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Recent Comments:

Proudmoore server hits Phase 4 first {WoW}

Apr 13th 2008 6:28PM looks like they already finished the monument, too... I guess that doesn't take very long!

Phat Loot Phriday: Battleworn Tuskguard {WoW}

Mar 21st 2008 6:14PM Sorry, wasn't thinking about 2.4... vengeful gladiator's pieces also have higher armor.

Phat Loot Phriday: Battleworn Tuskguard {WoW}

Mar 21st 2008 6:08PM try searching "brutal gladiator's" under plate armor at wowhead.com.

The $20 iPod touch upgrade: really for legal reasons or no? {Engadget}

Jan 21st 2008 3:06PM Oh, I hope you know I didn't mean any offense. There's just a tendency to "overblame" SOX for things that are just standard accounting issues. The way SOX would enter into this is that a company could be foudn to have ineffective controls if they have a large restatement. The core of the issue is the basic accounting, though, I'd say.
I'm a fan of your writeups.

The $20 iPod touch upgrade: really for legal reasons or no? {Engadget}

Jan 21st 2008 2:57PM It's the concept of materiality. I'm pretty sure that ipods are much more material to Apple's revenue than Zunes are to MS's revenue.

The $20 iPod touch upgrade: really for legal reasons or no? {Engadget}

Jan 21st 2008 2:55PM This has nothing to do w/ Sarbanes Oxley. This is a SAB 104 (Revenue Recognition) and EITF 00-21 (multiple deliverables) issue. You cannot recognize revenue until delivery of the service/goods. They have already recognized the revenue from these ipod sales. If they were to give this update out for free, this would imply that they had not finished delivery and could not have recognized the revenue in previous period. This would require a restatement of prior periods' financial statements... which all of you apple stockholders would not be too happy about.

Maybe you should have a CPA write articles, too. Lawyers don't know everything.

CES 2008 ultimate swag bag giveaway: like a Xmas stocking in January {Engadget}

Jan 11th 2008 11:57AM I think the eye-fi memory was pretty nifty!