According to a report from Bloomberg, Steve Jobs was questioned by the SEC last week regarding the ongoing stock options backdating investigation.
The meeting, which took place the same week Apple announced record sales of its best-selling iPod music player, shows the U.S. government is still seeking information about Jobs's role in the backdating even after the company's report clearing him and others, said Nell Minow, editor at the Corporate Library, a corporate governance research firm in Portland, Maine.
"It is after all the SEC's view on his culpability that matters, not the internal investigation at Apple," Minow said.
An independent investigation by Apple cleared current management from wrongdoing, but had found serious concerns regarding the actions of two former officers (later identified as former CFO Fred Anderson and former general counsel Nancy Heinen).
Nevertheless, Jobs has reportedly hired independent counsel beyond Apple's lawyers to deal with his involvement in the matter. Apple's board has previously expressed confidence in Jobs.
Apple has unveiled a whopping nine new products so far this March, including an iPhone 17e, iPad Air models with the M4 chip, MacBook Air models with the M5 chip, MacBook Pro models with M5 Pro and M5 Max chips, the all-new MacBook Neo, an updated Studio Display, a higher-end Studio Display XDR, AirPods Max 2, and now the Nike Powerbeats Pro 2.
iPhone 17e features the same overall design as...
Apple has unveiled nine new products this month, but the wait continues for the next-generation Apple TV 4K and HomePod mini models.
In his Power On newsletter today, Bloomberg's Mark Gurman said new versions of the Apple TV and HomePod mini have been "ready" since last year, but he reiterated that Apple has held off on releasing them until the more personalized version of Siri and other...
Apple today announced Apple Business, a new all-in-one platform that unifies device management, productivity tools, and customer outreach features.
The service is designed to be a consolidated replacement for several of Apple's existing business-focused offerings, including Apple Business Essentials, Apple Business Manager, and Apple Business Connect. It provides organizations with a single...
