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Options Snag Leads Apple to Restate Earnings

by Jim Zarroli, NPR
August 4, 2006

Apple Computer says it may have to restate earnings all the way back to 2002 as a result of an investigation of the way the company issued stock options to Apple employees. Investors sold off Apple shares on the news. The company had already acknowledged some "irregularities" in its accounting, but is only now coming to the conclusion that it will have to restate earnings.

Broadcast Dates

  • All Things Considered, August 4, 2006
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