Originally Posted by anantksundaram
Uh uh... you may need to figure out what "revenue recognition" means.
I keep asking but you guys never seem to provide specific cites from the company. I truly would love to see their numbers. Mind you, I am not saying at all that there is zer probability that they could be selling as much -- it's just that I am skeptical, since I've never seen audited numbers. The fact that they're not providing it suggests to me that they are hiding something. Please prove me wrong. Seriously. I don't mind.
I know what "revenue recognition" means.
However... the comment I was replying to was claiming that Samsung's products just sit in a warehouse... and they only get purchased by consumers after
the price gets slashed.That
was what I was referring to.
There is this huge debate of "shipped vs sold" on these forums... and I don't know why.
Samsung has been selling mobile phones for decades... don't you think they know how many to produce to not have a bunch of stock leftover?
Factories make the phones... carriers have the phones in their stores... and customers take them home. I'm sick of the ignorance of people who say products are hung up somewhere in those first 2 stages...
Carrier stores have such limited stock in the first place... I can't imagine a store would still have any Q1 stock hanging around today. For the more popular phones... carrier stores don't have any
in stock. You must order them. In that case... your new phone skips the carrier store inventory altogether and goes straight to your home.
I agree with you... I would love to have some more solid data about Samsung's numbers. But at the same time... Samsung keeps producing phones every quarter so someone must be buying them, right? Why would Samsung put more
products into the channel if the previous supply hasn't moved? Why would any company?
We haven't heard about millions of phones shipped back
to Samsung to be ground up and recycled... have we?