Is apple in trouble? I read this.

Discussion in 'Current Events' started by coffey7, Aug 6, 2006.

  1. Thomas Veil macrumors 68020

    Thomas Veil

    Feb 14, 2004
    Some. They'll certainly have to explain to the SEC what happened (as soon as they figure it out); they may be penalized; responsible parties may be removed (and possibly jailed); and of course profits will have to be restated.

    However, this doesn't appear to be nearly as bad as the Enron-type scandals we've seen in the past. That's why the article offers some hopeful signs:

    The prevailing attitude right now doesn't seem to be, "Hang 'em!" It appears to be, "How could such a bright company do something so dumb?"

    Apple has a lot of good will built up in business circles, which is going to help them immensely in the months to come.

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