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 TMO Headlines - Updated February 22nd

Tue, 9:49 PM
Apple Releases Logic Pro X 10.3.1 with Security Fix, Improved Regions and iOS GarageBand Support
Tue, 9:32 PM
Apple Takes Us on iPhone 7 'One Night' Tours of NYC, Johannesburg, Shanghai, Tokyo
Tue, 8:09 PM
Apple App Store Revenues Hit $40 Per User, While Average Downloads Decrease
Tue, 7:11 PM
Han Solo Star Wars Movie Starts Filming
Tue, 6:52 PM
Apple Watch 3 Shipping in Fall, Switching to Glass-film Touch Surface
Tue, 6:21 PM
Apple Remote Desktop Updated with Touch Bar Support
Tue, 4:07 PM
Here’s the TV Set-Top Box Apple Could Have Built: Caavo
Tue, 2:47 PM
New iPad Pro and iPhone SE Report - TMO Daily Observations 2017-02-21
Tue, 11:51 AM
Apple Using PrimeSense Tech for iPhone 8 3D Front Facing Camera
Tue, 9:00 AM
Stress Blocks: $14.99
Tue, 5:19 AM
Rumors about March Apple Event for iPhone SE and iPads Get Serious
Mon, 7:24 PM
Game of Thrones 'A Dance with Dragons' iBooks Enhanced Edition on Preorder
  • __________
  • Buy Stuff, Support TMO!
  • Podcast: Mac Geek Gab
  • Podcast: Apple Weekly Report
  • TMO on Twitter!