Quarterly reports becoming extinct

I just read a short article on ZDNET called "Goodbye quarterly reports?" http://news.zdnet.com/2100-9588_22-6133926.html It talks about how some of the big accounting firms are now backing the method of eliminating quarterly reporting and going to real-time reporting because of the Internet age allows it. This is something that GolfInvestors has been pushing for the past 5-6 years. It is nice to see some of the big boys backing the idea now.