the customers pre-paid for software and services that will be rendered sometime in the near future. Thus not being earned yet.
Sounds like an accounting term, I've never done too well in accounting.
Security woes hit Microsoft bottom line
- (orion)
- (7)
- Oct. 24, 2003, 08:31:40 AM EDT
"The result was a sharp drop in unearned revenue"
- (Arkadiy)
- (6)
- Oct. 24, 2003, 12:19:09 PM EDT
What exactly is unearned revenue anyway?
- (orion)
- (5)
- Oct. 24, 2003, 01:53:39 PM EDT
Bloomberg link.
- (Another Scott)
- (1)
- Oct. 24, 2003, 02:01:22 PM EDT
In other words
- (orion)
- Oct. 25, 2003, 03:24:41 PM EDT
GIYF
- (Steve Lowe)
- (2)
- Oct. 24, 2003, 02:02:26 PM EDT
I understand the term,
- (Arkadiy)
- (1)
- Oct. 24, 2003, 11:58:19 PM EDT
Sounds more like protection money
- (orion)
- Oct. 25, 2003, 03:25:26 PM EDT