Comments on: Apple May Restate Over Options Issues http://gigaom.com/2006/08/03/apple-options/ Sat, 11 Feb 2012 06:01:09 +0000 hourly 1 http://wordpress.com/ By: Skozilla http://gigaom.com/2006/08/03/apple-options/#comment-121626 Fri, 04 Aug 2006 15:11:18 +0000 http://gigaom.wordpress.com/2006/08/03/apple-options/#comment-121626 the stock will bounce back on monday after the keynote. at least that’s what i hope ;)

]]> By: Daniel Golding http://gigaom.com/2006/08/03/apple-options/#comment-121625 Fri, 04 Aug 2006 13:34:19 +0000 http://gigaom.wordpress.com/2006/08/03/apple-options/#comment-121625 This is so widespread, I have to wonder: did most of these executives actually know about the backdating? was this some sort of standard practice in accounting departments? Was there some kind of groupthink consensus amongst tech industry execs or CFOs that this was an ok manuever? I’m also wondering if this only effects the top execs or if this was a practice that extended to all staff granted options. Frankly, if someone had monkeyed with the date on my options grants at tech companies, I never would have noticed – it wouldnt even have occured to me that the grant date or strike price could be incorrect.

]]> By: Aaron http://gigaom.com/2006/08/03/apple-options/#comment-121624 Fri, 04 Aug 2006 05:08:44 +0000 http://gigaom.wordpress.com/2006/08/03/apple-options/#comment-121624 Will AAPL be turned into applesauce at 9:30EST? ;). This is big news for a stock that has been on an absolute tear recently.

“The Company has not determined the amount of such charges, the resulting tax and accounting impact, or which periods may require restatement.”

Down 6.6% ECN.

]]> By: Eddie http://gigaom.com/2006/08/03/apple-options/#comment-121623 Fri, 04 Aug 2006 03:17:26 +0000 http://gigaom.wordpress.com/2006/08/03/apple-options/#comment-121623 This just goes to show that Steve Jobs and his cronies are not the “goody two shoes” that many people think he and Apple are (as we oft hear of people comparing Apple to Gates’ “evil empire”). The fact is, most humans can not be trusted when money shows up at their front door.

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