Instruction: Answer the given question using the supporting document.

Input:
Question: Does it transcribe
Document: I ordered this device to record notes throughout the day, so I can transcribe them later. The device is small and lightweight, a plus if you also carry a cell, tablet, or other digital trinket. The controls on it are very straightforward and function as expected--which is a good thing because the included documentation is slim. The notes are meant to cover features for several devices in this same family, so the text isn't tailored to this specific recorder.
I use this in a family medicine clinic to dictate my office visit notes and transcribe them using Dragon software. It does that wonderfully. The expandable Micro SD card slot is also wonderful in that I can take the card out and leave the device in the office if I don't want to take it home. I have used the microphone jack with a headset as well as with the on-board microphone, both with great results.I took away 1 star for 2 reasons.
all in all the recorder is pretty decent, but it doesnt help when the headphones fall apart right away. It seems to get the job done pretty well thought so 3 stars
You'll want to hit the Philips website for the full manual to make sure you're using it correctly and aware of the features.
You must begin the automatic setting procedure when someone is speaking; you can't take a sample of the quiet room. If the speaker is someone introducing the main lecturer, you will lose a few seconds of that introduction.If there is no introduction, then you will lose a few seconds of the primary lecture.
You can fit this easily in most types of bags or just carry it by hand.The cable it comes with to attach to a computer though is only a few inches long. This made it very difficult to charge on a desktop computer. I'm thinking they think most people will use it with laptops. I had to prop the device up and even then it barely made the connection with a desktop.
You can also plug in an external stereo mike if you want to do stereo recordings.There are a ton of features, including on-unit editing, the ability to record .wav or mp3 files, to play files downloaded from your computer, and transferring files to the computer is a simple matter of plugging the unit in to your usb port and mounting it as a drive.
With ear buds, however, the sound is great, I could not hear a difference between actual TV and recorded TV.I've only scratched the surface of this little device and am eager to explore it further.Update, 19 January 2013:  This recorder DOES have an Off switch!!! Without glasses, I couldn't find that, and am still trying to figure out if there is a hidden menu function on the Sony.
WHY would you want a digital recorder if you already have an iPhone or other device? Microphone quality,built in noise filtering and more importantly this device is dedicated to a single purpose.
Tiring of The Daughter borrowing my iPhone every time she had a voice lesson--the teacher requires her to record herself--I got her this device through the Vine review program. She quickly taught herself to use it and has been more than satisfied with its performance. And I get to keep my phone while she's at lessons....
Answer: On its own No.  However, I use a program name Dragon and when I hook up my recorder to my computer, it will transfer what I have recorded into a written document (In a way, I guess it does transcribe!)