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
Apple to investigate stock option grant ‘irregularities’ made between 1997 and 2001 – June 29, 2006


  1. Bill – STFU

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

    Except that the Republicans have allowed the water to be polluted with toxic wastes from a huge corporations that won’t clean up the water because it cuts into the profits. But the republican turns a blind eye to natures problems caused by man because of his corporate payoffs.

    So now the “free” man’s family is dying of cancer due to the pollutants, from actually trying to feed his family from fishing because he can’t make enough money at his 50 hour a week job. And he has NO healthcare.

    Not to mention all of our needed Education funds “your -teach a man to fish” are being funneled into the bloated military.

    Put your money where your mouth is and really start to educate people. Make education a reality.

  2. Clinton, Bill, and Proud Black Man:

    I bow deeply to you all. Proud Black Man,

    I am a resident of Louisiana, and you are

    absolutely correct. It is a shame, with no

    change in sight. Mac market share hitting 50%

    is more likely than any change in the Democrat

    slavery status quo.

  3. 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.

    It also explains you.

  4. Early humans existed as members of small bands of nomadic hunter/gatherers. They lived on deer in the mountains during the summer & would go to the coast and live on fish and lobster (and oysters) during the winter.

    The two most important events in all of history were the invention of beer and the invention of the wheel. The wheel was invented to get man to the beer. These were the foundations of modern civilization and together were the catalyst for the splitting of humanity into two distinct subgroups: Liberals and Conservatives.

    Once beer was discovered, it required grain and that was the beginning of agriculture. Neither the glass bottle nor aluminum can were invented yet, so while our early human ancestors were sitting around waiting for them to be invented, they just stayed close to the brewery. That’s how villages were formed.

    Some men spent their days tracking and killing animals to B-B-Q at night while they were drinking beer. This was the beginning of what is known as “the Conservative movement.”

    Other men who were weaker and less skilled at hunting learned to live off the conservatives by showing up for the nightly B-B-Q’s and doing the sewing, fetching and hair dressing. This was the beginning of the Liberal movement. Some of these liberal men eventually evolved into women. The rest became known as ‘girliemen.’

    Some noteworthy liberal achievements include the domestication of cats, the invention of group therapy and group hugs, and the concept of Democratic voting to decide how to divide the meat and beer that conservatives provided.

    Over the years, conservatives came to be symbolized by the largest, most powerful land animal on earth, the elephant. Liberals are symbolized by the jackass. Modern liberals like imported beer (with lime added), but most prefer white wine or imported bottled water. They eat raw fish but like their beef well done. Sushi, tofu, and French food are standard liberal fare.

    Another interesting evolutionary side note: most of their women have higher testosterone levels than their men. Most social workers, personal injury attorneys, journalists, dreamers in Hollywood and group therapists are liberals. Liberals invented the designated hitter rule because it wasn’t “fair” to make the pitcher also bat.

    Conservatives drink domestic beer. They eat red meat and still provide for their women. Conservatives are big-game hunters, rodeo cowboys, lumberjacks, construction workers, firemen, medical doctors, police officers, corporate executives, athletes, and generally anyone who works productively. Conservatives who own companies, hire other conservatives who want to work for a living.

    Liberals produce little or nothing. They like to “govern” the producers and decide what to do with the production. Liberals believe Europeans are more enlightened than Americans. That is why most of the liberals remained in Europe when conservatives were coming to America.

    Liberals crept in after the Wild West was tamed and created a business of trying to get MORE for nothing.

    Here ends today’s lesson in world history….

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