Saturday, August 12, 2006

The obligatory bad news

Now, I wouldn't want you accusing me of witholding bad news, so... I'll make it brief.

Apple's need to delay it's quarterly SEC filing (to correct past earnings to account for those options grants) resulted in a warning from NASDAQ to the effect that it could be delisted. The good news, is really that this is likely to end up in a hearing and everything will be fine (if Apple's accountants have to work all day and all night, I'm assuming).

LINK: BetaNews

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