UBS: stock options probe unlikely to hurt Apple

“Apple Computers’ announcement that an internal investigation has uncovered stock option grant irregularities — including one to chief executive officer Steve Jobs — isn’t likely to cause significant damage to the computer giant, according to a new report by UBS,” R.M. Schneiderman reports for Forbes.

“‘We believe potential financial damage [and] penalties from any options irregularities are likely to be limited and cash flow would not be impacted,’ said Benjamin Reitzes, an analyst for UBS and the author of the report,” Schneiderman reports. “UBS said that what happens with this story depends on how Jobs handles it.”

“‘While it is early in the investigative process, we believe that Jobs’ standing at Apple and with shareholders is on solid ground,’ said Reitzes. UBS added that the Securities and Exchange Commission will likely become involved in the case,” Schneiderman reports.

Full article here.

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Related articles:
Apple joins growing list of companies entangled in stock option ‘irregularities’ – June 29, 2006
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18 Comments

  1. This is it, dow hit the $11200, the peak.

    Humans are overestimating the economy and companies way too much.

    Stocks can only decline from now on.

    and the prediction that stocks will re-rise during christmas, is just a guess.

    everytime humans attempt to predict the future and alter it, future is automatically adjusted so that it becomes unpredictable.

  2. critic,

    Then you must be a liberal democrat.

    Democrats: Give a man a fish per day and you enslave him. (and guarantee voters to keep the gov’t assistance flowing).

    Republicans: Teach a man to fish and you set him free.

  3. Not to get too political, but the Democrats have keet Blacks enslaved all these years while pretending to be for civil rights.

    Thanks to the Democrats, the large majority of my people in the U.S. are totally or mostly dependent on the government.

    That is why over 90% of Blacks vote Democrat: to keep the assistance coming. They know nothing else.

    I’ll take a Republican who says, “Go get a job – here we’ll pay for training once – you get one chance, don’t fsck it up” over a slave-perpetuating Democrat any day of the week.

    Plus the Dem’s public schools keep them nice and stupid, too. Nice way to guarantee dependence and their votes.

    Democrats are evil to minorities. Pure evil. Look at the poor folk in New Orleans: no idea how to take care of themselves. Totally lost without the government’s hand to hold.

    It makes me sad to see the welfare mamas line up to vote to keep themselves in slavery every year.

    Sometimes it’s more compassionate to tell people to rely on themselves instead providing handouts.

  4. Think about it.. natural selection favors humans that are stupid.. as in.. stupid enough to not use a condom…

    which means stupid genes gets to reproduce and take over the planet, and the universe.

    smart people on the other hand, go extinct. all the time.

    its sort of like heat, enough amount of heat is good, it can cook food, keep you warm, etc… however to much heat and you die.

    to much intelligence and you go extinct.

    now we know why we are alone. ( in the universe )

  5. Think about it.. natural selection favors humans that are stupid.. as in.. stupid enough to not use a condom…

    which means stupid genes gets to reproduce and take over the planet, and the universe.

    smart people on the other hand, go extinct. all the time.

    That explains Mac’s low market share.

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