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 September 22nd

Thu, 7:45 PM
Original Apple Watch Doesn't Support watchOS 4 Heart Rate Features
Thu, 6:41 PM
iOS 11: How to Use One Handed Keyboard with Your iPhone
Thu, 5:50 PM
OWC Intros USB-C Travel Dock with HDMI, SD Card Reader
Thu, 5:05 PM
A Beautiful High-Definition Video of 21 August Solar Eclipse
Thu, 4:47 PM
How to Pair Your Apple Watch when You get a New iPhone
Thu, 3:55 PM
3D Touch Multitasking Coming Back in Future iOS 11 Update
Thu, 2:21 PM
Dolby Atmos Coming to Apple TV in Future Update
Thu, 2:01 PM
Prepping Your Old iPhone for Its New Owner
Thu, 1:32 PM
The Definitive iOS 11 Developer Bundle: $49
Thu, 1:16 PM
Understanding iOS 11 Control Center, ARKit's Limitations - TMO Daily Observations 2017-09-21
Thu, 11:46 AM
Here's What You Need to Know About the iPhone and Wireless Charging
Thu, 9:53 AM
Looking for More ARKit Apps? There's an App Store Section for That
  • __________
  • Buy Stuff, Support TMO!
  • Podcast: Mac Geek Gab
  • Podcast: Apple Weekly Report
  • TMO on Twitter!