Telstra has revealed the addition of almost one million new mobile services in the six months to December 2011, but Sensis revenues plummeted 24 percent in 12 months.
Well, there are definitely features in the current version of iTunes that weren't in the version that shipped with my Mac or my iPod, and Apple hasn't charged me any extra.
So whatever the rights and wrongs, Apple doesn't seem to be completely consistent on this issue.
Anyway, what is the effect of these treatments on Apple's quarterly results?
According to the company, non-GAAP revenue and net profit would be $US11.8 billion and $US2.3 billion respectively.
That's substantially more than the $US10.17 billion and $US1.61 billion actually reported.
One last thing. Apple's long been regarded as a cash-rich company. As Oppenheimer pointed out, it generated over $US3 billion over the quarter.
What has changed is the mix of cash and cash equivalents on one hand and short term securities on the other. Last quarter, the balance sheet showed approximately $US12 billion and $US10 billion respectively; but at the end of December that had shifted to $US7 billion and $18 billion.
David Bass
| ComOps, a leading Australian provider of business software products and services, has won a competitive tender to deploy its Salvus safety, r…
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