Steve Jobs in regulators' sights - Valleywag Comments

Steve Jobs in regulators' sights

OMMS — Wed, 25 Apr 2007 07:10:11 PDT

Steve Jobs knew nothing about a $140million decision that was in his favor???

Anyone that has EVER worked at apple knows this to be so far from the truth.

Steve Jobs knows about $140.00 decisions that do not affect him...why? because he is a douchebag and refuses to put anyone who he feels is a threat in any capapcity that could challenge his carefully crafted image.

That's a good one...he knew nothing......I bet Hitler claimed ne knew nothing too.

OMMS

Steve Jobs in regulators' sights

zxspectrum — Wed, 25 Apr 2007 03:43:27 PDT

"Disclosure. I just sold all my Apple stock, before...."

spoken like a true rookie;) i wouldn't lose sleep over it.

zxspectrum

Steve Jobs in regulators' sights

bryanmccormick — Tue, 24 Apr 2007 15:22:33 PDT

I do seem to recall Jobs had said something to the effect that he knew nothing about the issue. So if he really said that, it appears he flat out lied. But with the SEC not pushing it formally, it won't matter much. They report earnings tomorrow and all eyes will be on that issue and future guidance (when does the Jesus Phone ship?) not this one.

bryanmccormick

Steve Jobs in regulators' sights

hubfam — Tue, 24 Apr 2007 14:52:02 PDT

You don't settle in America, if your boss told you to do something and you got in trouble for it! You fight!! This is just and old man trying to deflect the story away from him!! Looks like vallwywag took the bait...

hubfam

Steve Jobs in regulators' sights

cv — Tue, 24 Apr 2007 13:28:58 PDT

Well, it looks like AAPL closed down $0.27 (a whopping decrease of 0.29%) on volume that's a little bit above the 3-month average, but nothing to write home about.

Almost 70% of AAPL shares are held by institutional investors; what Joe Weenie Shareholder thinks about the whole backdating options matter really does not matter.

Overall, it appears the market just shrugged and went about its usual business.

Steve Jobs in regulators' sights

fnck_you — Tue, 24 Apr 2007 13:13:13 PDT

"Disclosure. I just shorted all my Apple stock"

I'm just guessing, really... but you're betting that this forecasts a decline in price in the near term? Initially, there will be a dip, but upon consideration, people will realize that this bodes well for AAPL as *former executives* are shouldering the blame... leaving Apple to continue to sell product and please shareholders.

Selling short is, in light of this news, inappropriate.

fnck_you

Steve Jobs in regulators' sights

Tim Faulkner — Tue, 24 Apr 2007 12:12:05 PDT

And someone doesn't have a clue. Fred's just explaining himself: this is no bombshell. His statement is perfectly in accord with Apple statements and what the SEC knows. Check this article:

http://yahoo.reuters.com/news/articlehybrid.aspx?storyID=u...

"The U.S. Securities and Exchange Commission said on Tuesday it would not file an enforcement action against Apple Inc. (AAPL.O: Quote, Profile , Research) in connection with the agency's stock-options dating investigation, citing the company's "extraordinary" cooperation.

"Apple's cooperation consisted of, among other things, prompt self-reporting, an independent internal investigation, the sharing of the results of that investigation with the government, and the implementation of new controls designed to prevent the recurrence of fraudulent conduct," the SEC said in a statement."

Valleywag should stick to trashing Robert Scoble and rumors about who's hooking up with who and leave the stock market to someone else.

Tim Faulkner

Steve Jobs in regulators' sights

rod / upcomingdiscs.com — Tue, 24 Apr 2007 11:56:31 PDT

Let's follow along!

http://finance.google.com/finance?q=AAPL

rod / upcomingdiscs.com

Steve Jobs in regulators' sights

JBlair — Tue, 24 Apr 2007 11:54:55 PDT

I doubt he's in their sights at all. Do you really think that they would allow Anderson to publicly disclose this information if they were going to use it against Jobs? (rhetorical question; the mere fact that its been disclosed implies that the SEC didn't find it credible) This is just a CFO that was caught trying to pass the buck. (don't misconstrue that as me saying Jobs didn't do anything wrong, because he may have.)

JBlair

Steve Jobs in regulators' sights

pimpmyPR — Tue, 24 Apr 2007 11:35:09 PDT

It was kind of ridiculous for Apple to argue His Steveness was unaware of this initially. He designs the freakin' product launch t-shirts, so of course he picked the dates for the options.

I just hope the scrumptuous Ms Heinen doesn't get sent down to spend some time with butch lesbos in the clink.

Still it's amazing how flappy-mouthed you can become when you fork out $3.5 million and (presumably) some kind of immunity deal.

pimpmyPR

Steve Jobs in regulators' sights

jaywood — Tue, 24 Apr 2007 11:33:43 PDT

If the CFO agreed with the SEC to cooperate, wouldn't the agreement include an obligation for the CFO not to disclose his evidence against Jobs? I think the disclosure argues in favor of their NOT being a cooperation agreement. Any lawyers out there?

jaywood

Steve Jobs in regulators' sights

Jon W — Tue, 24 Apr 2007 11:30:00 PDT

Disclosure. I just shorted all my Apple stock

Jon W

Steve Jobs in regulators' sights

waynelambright — Tue, 24 Apr 2007 11:28:21 PDT

"Disclosure. I just sold all my Apple stock"

OH Snap!

waynelambright