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 October 1st

Sat, 9:00 AM
The Mac Observer's iOS 10 Tip Roundup
Sat, 8:30 AM
J.D. Powers Finds Apple Music Customers Have Highest Customer Satisfaction
Fri, 10:21 PM
Warhammer 40,000: Dawn of War II Hits Mac and Linux
Fri, 4:54 PM
Evidence is Mounting: Apple Will Convert the Macs to ARM CPUs
Fri, 1:38 PM
TMO Daily Observations 2016-09-30: iPhone Lightning Headphone Adapters, Listener Comments
Fri, 12:03 PM
A Game of Thrones Gets Enhanced Edition Exclusive to iBooks
Fri, 11:25 AM
macOS Sierra: Fast Sound Settings from the Menu Bar
Fri, 11:24 AM
iLDOCK on Kickstarter: Lightning Port and Headphone Jack for iPhone 7
Fri, 10:00 AM
Get 8 Mac Utilities for Free
Fri, 9:57 AM
CW Shows Come to Apple TV, No Cable Subscription Required
Thu, 9:34 PM
Safari 10: Hide Flash from Every Website Except Some
Thu, 6:53 PM
Use 3D Touch in LINE to Read Messages without a Read Receipt
  • __________
  • Buy Stuff, Support TMO!
  • Podcast: Mac Geek Gab
  • Podcast: Apple Weekly Report
  • TMO on Twitter!