Nestled in between three items relating to revenue recognition topics and a decision on financial statement presentation, a rule change put forth by the Financial Accounting Standards Board could dramatically affect the fortunes of certain tech companies. In its monthly summary for board decisions, FASB summarized changes that could benefit such firms as Apple and Palm — at least from the perspective of shareholders who read these companies’ financial statements. The rule change alters the way revenue is recognized for products that combine both hardware and software.

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