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December 29, 2006

Apple doing something dishonest? NO!

More proof that Apple Computer is a business:

Records that purported to show a full board meeting had taken place to approve Mr Jobs’ remuneration, as required by Apple’s procedures, were later falsified. These are now among the pieces of evidence being weighed by the Securities and Exchange Commission as it decides whether to pursue a case against the company or any individuals over the affair, according to these people.

News of the irregularities, which is expected to be revealed in a regulatory filing by Apple before the end of this week, will add to pressure that has been growing on one of Silicon Valley’s most highly-regarded companies since the middle of 2005.

There are many advantages that Apple has over Microsoft but none of them involve being a non-profit.

Posted by Peter at December 29, 2006 08:32 AM

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