Apple: Steve Jobs knew of stock option backdating
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A three-month investigation by Apple Computer's board of directors found that the company backdated option grants made on 15 dates between 1997 and 2002 and CEO Steve Jobs knew of the practice.
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&quot;I&#39;m back,&quot; declared Apple Computer&#39;s Steve Jobs last Thursday morning in his first public appearance before reporters since cancer surgery in late July.
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Steve Jobs' keynote at Apple's Worldwide Developer Conference is always a highly anticipated event, but the surprise this year was that there weren't more surprises. What happened, and what really mattered?
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With the focus of this year's Worldwide Developers Conference on Apple Inc.'s Mac OS X Leopard and the iPhone, could CEO Steve Jobs have something else up his sleeve?
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One OS, one price WWDC Steve Jobs opened Apple's annual developer conference by going back in time one year - in more ways than one.â¦
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Several options grants to top  executives at Apple Computer Inc.  were dated just  before sharp increases in its stock between 1997 and 2001, the  Wall Street Journal reported on Monday, citing a review of  regulatory filings.
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(InfoWorld) - Apple CEO Steve Jobs Thursday afternoon responded to a flood of complaints from existing iPhone owners over Wednesday's $200 price cut by promising the company would issue a $100 credit to anyone who bought an iPhone before the change. "I have received hundreds of emails from iPhone customers who are upset about Apple dropping the price of iPhone by $200 two months after it went on sale," Jobs said in a statement posted to the Apple Web site. In the open letter addressed to "all iPhone customers," Jobs defended the price cut, saying "now is the right time to do it. iPhone is a breakthrough product, and we have the chance to 'go for it' this holiday season." He also echoed -- albeit in more circumspect language -- comments made Wednesday in an interview with reporters from USA Today in which he told disgruntled owners "that's what happens in technology." "There is always someone who bought a product before a particular cutoff date and misses the new price or the new operating system or the new whatever," Jobs said Thursday. "This is life in the technology lane." But he tacitly acknowledged that Apple had stumbled. "We need to do a better job taking care of our early iPhone customers as we aggressively go after new ones with a lower price," Jobs said in the letter. "Our early customers trusted us, and we must live up to that trust with our actions in moments like these." All current iPhone owners with the exception of those eligible for other rebates -- people who purchased an iPhone in the last 14 days, for example, can return it for a refund, minus a 10 percent restocking fee -- will be issued a $100 credit good either at Apple's own retail stores or its online shop, said Jobs. Details were not available, but he promised they would be posted to the Apple site next week. "We want to do the right thing for our valued iPhone customers," he concluded. "We apologize for disappointing some of you, and we are doing our best to live up to your high expectations of Apple." Apple's change of heart was in reaction to the overwhelmingly negative comments that iPhone owners posted to the company's own message forums -- and forums at other Web sites --Â  starting just minutes after the price change announcement Wednesday.
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Apple Computer Inc. CEO Steve Jobs apologized to shareholders Wednesday after an internal investigation found that he had been aware of the company's practice of "backdating" employee stock options.
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Apple Inc.  said in a regulatory filing on Friday that the U.S. government had informally requested more information and documents on its past stock-options practices and said the issue was a distraction for management.
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In a filing with the Securities and Exchange Commission (SEC) on Friday, Apple said that it was unable to meet the December 14 deadline for filing its annual report. The company cited its ongoing investigation into stock options grants as the reason and said that it would need to restate its historical financial statements.
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SAN FRANCISCO, June 18 -- Gregory L. Reyes, the former chief executive of Brocade Communications Systems, either masterminded a stock-option backdating scheme designed to defraud investors or fell victim to murky accounting laws and heightened public scrutiny of corporate accounting errors, lawyers...
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Apple Inc. Chief Executive Steve Jobs continued his tradition of taking home only $1 in salary in 2007, when he also gained $14.6 million on paper by exercising stock options that were about to expire, according to a filing with the Securities and Exchange Commission.
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SAN FRANCISCO - Apple Inc. chief executive Steve Jobs was subpoenaed by the Securities and Exchange Commission to give a deposition in a backdating lawsuit against the company's former general counsel, two people familiar with the matter said.
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This Fool made a great call on Apple -- check out the other stocks he thinks you should be looking at.
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Apple Inc. CEO Steve Jobs has been subpoenaed by the U.S. Securities and Exchange Commission to give a deposition in a stock-options backdating case against Apple's former general counsel, a person familiar with the case told The Associated Press Thursday.
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In a report to the US Securities and Exchange Commission regarding allegations that the company may have failed to report certain backdated options, Apple today said its CEO, Steve Jobs, knew something about his company's options backdating practices, but never benefited from backdating personally.
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Apple boss to testify in backdating suit Steve Jobs has been served with a subpoena by the Securities Exchange Commission (SEC) to testify in a backdating lawsuit against Apple's former top lawyer Nancy Heinen, according to a report.â¦