11–20 of 97 posts
I absolutely hate these confusing words. It is alongside of "surname" and "last name" -- why can't you just use "family name" and "given name". While I understand an investor report needs to be precise the articles about it needs to use terms people understand. Like "this is how much money came in the doors" -- aka. income. I believe the word "revenue" is used for what a layperson would call "income" and "income" is…
> During today’s earnings call, Microsoft CEO Satya Nadella also noted that Windows 10 users have now asked Cortana 8 billion questions to date. Not sure if this qualifies as an achievement. Too many questions would perhaps suggest that things aren't quite obvious. Wish I had a Windows box to play around and see what Cortana looks like. A variant of Clippy?
> Not sure if this qualifies as an achievement. Too many questions would perhaps suggest that things aren't quite obvious. > Wish I had a Windows box to play around and see what Cortana looks like. A variant of Clippy? Your comment suggests that you don't know what Cortana is, so I'm not sure how you're coming to the conclusion that "Too many questions would perhaps suggest that things aren't quite obvious." Cortana…
I absolutely hate these confusing words. It is alongside of "surname" and "last name" -- why can't you just use "family name" and "given name". While I understand an investor report needs to be precise the articles about it needs to use terms people understand. Like "this is how much money came in the doors" -- aka. income. I believe the word "revenue" is used for what a layperson would call "income" and "income" is…
I absolutely hate these confusing words. It is alongside of "surname" and "last name" -- why can't you just use "family name" and "given name". While I understand an investor report needs to be precise the articles about it needs to use terms people understand. Like "this is how much money came in the doors" -- aka. income. I believe the word "revenue" is used for what a layperson would call "income" and "income" is…
I absolutely hate these confusing words. It is alongside of "surname" and "last name" -- why can't you just use "family name" and "given name". While I understand an investor report needs to be precise the articles about it needs to use terms people understand. Like "this is how much money came in the doors" -- aka. income. I believe the word "revenue" is used for what a layperson would call "income" and "income" is…
GAAP - Generally Accepted Accounting Principles
So what then is non-GAAP?
But lack of standardization in these calculations, plus the potential for creative accounting, make it difficult to draw relevant comparisons among companies or draw meaningful conclusions from these statistics.[1]
Riiiiiiight.
It the article was from a financially oriented news organisation it'd make a bit more sense to use the terms of industry.
1. http://financial-dictionary.thefreedictionary.com/Non-GAAP
I absolutely hate these confusing words. It is alongside of "surname" and "last name" -- why can't you just use "family name" and "given name". While I understand an investor report needs to be precise the articles about it needs to use terms people understand. Like "this is how much money came in the doors" -- aka. income. I believe the word "revenue" is used for what a layperson would call "income" and "income" is…
GAAP is basically a huge bundle of compromises between corporations and the FASB. In reality, "revenue" and "income" don't really have rigourous definitions. Quarterly figures are also often adjusted in subsequent periods. Unfortunately, many websites simply gloss over this fact and just report the stated numbers.
What's the FASB?
Earlier quoted context omitted.
GAAP is basically a huge bundle of compromises between corporations and the FASB. In reality, "revenue" and "income" don't really have rigourous definitions. Quarterly figures are also often adjusted in subsequent periods. Unfortunately, many websites simply gloss over this fact and just report the stated numbers.
As noted in my other comment, I had to look up what GAAP meant. What's the FASB ?
> During today’s earnings call, Microsoft CEO Satya Nadella also noted that Windows 10 users have now asked Cortana 8 billion questions to date. Not sure if this qualifies as an achievement. Too many questions would perhaps suggest that things aren't quite obvious. Wish I had a Windows box to play around and see what Cortana looks like. A variant of Clippy?
> Not sure if this qualifies as an achievement. Too many questions would perhaps suggest that things aren't quite obvious. > Wish I had a Windows box to play around and see what Cortana looks like. A variant of Clippy? Your comment suggests that you don't know what Cortana is, so I'm not sure how you're coming to the conclusion that "Too many questions would perhaps suggest that things aren't quite obvious." Cortana…