The Mac Observer

Skip navigational links

You're viewing an article in TMO's historic archive vault. Here, we've preserved the comments and how the site looked along with the article. Use this link to view the article on our current site:
Apple to Restate Some Historical Results [Update]

Apple to Restate Some Historical Results [Update]

by , 10:55 AM EDT, August 11th, 2006

Apple Computer confirmed during a meeting with the Securities and Exchange Commission on Friday that it will most likely have to restate some historical financial statements. According to MarketWatch, Apple stated that it will record non-cash charges for compensation expenses associated with past stock option grants.

The company also won't be able to file Form 10-Q for its fiscal third quarter on time due to an ongoing internal financial investigation. Apple has not yet revealed which quarters will need to be restated, or how much those changes will be.

Apple said that it is working as quickly as possible to complete its investigation and file Form Q-10. Apple previously announced that it may have to restate certain financial statements on August 4.

Apple stock is currenty trading at US$63.80, down 0.27 (0.42%).

[Update: The article was updated to more accurately report the contents of the filing. - Editor]


If you are interested in Apple's stock, join our forum members in the Apple Finance Boards, a moderated forum for Apple Investors and people who are interested in Apple's financial dealings. For other stories regarding Apple's stock activity, visit our updated Apple Stock Watch Special Report.

Recent Headlines - Updated July 31st

Thu,6:43 PM
New Apple TV Hardware Reportedly Coming in September
5:10 PM
Middle Earth: Shadow of Mordor Released for Mac and Linux
4:51 PM
Safari Offers Longer Battery Life than Chrome or Firefox
3:10 PM
How to Use Siri on Apple Watch to Create Immediate Countdown Timer
2:39 PM
Drive Genius 4 for Macs: $49.99
1:40 PM
Cusby: A Modular & Expandable USB-C Dock for MacBook
1:10 PM
TMO Daily Observations 2015-07-30: iPad Stylus-palooza, New Apple Campus Cafe
10:50 AM
New Patents Hint at Apple Texture-simulating Uber Stylus
9:23 AM
Those Awesome LEGO Star Wars Pics are Now in a Book
Wed,9:18 PM
Apple Campus 2 Will Have Full Blown Visitor Center with Store, Cafe, Observation Deck
8:30 PM
ACM 317: T-Mobile’s Crazy iPhone Deal, Fitness Tracking Accuracy, Listener Comments
7:25 PM
iFixit Pro Tech Screwdriver Set and Jimmy Bundle: $59.95
  • __________
  • Buy Stuff, Support TMO!
  • Podcast: Mac Geek Gab
  • Podcast: Apple Weekly Report
  • TMO on Twitter!