On: RIM’s Response to 'Open Letter'

[dirtyaura]

Yeah, I was curious because it doesn't sound likely that shipped-but-not-sold phones would be listed under Cash & Equivalents (which is ~ $2B). But if his math about value of shipped phones ($3B) is approximately correct, then it doesn't fit under Total Inventory (<$1B) either, so it must be under Receivables (~3-4B), right?

[shaggyfrog → dirtyaura]

No. A receivable is money owed to the company (compare to accounts payable, money the company owes to someone else).