Feeds

Apple to delay quarterly results filing

Thanks to its stock options probe

Internet Security Threat Report 2014

Apple has told the US Securities and Exchange Commission it will miss the deadline for filing its most recent set of quarterly financial figures. The admission follows last week's revelation that the company will "likely" restate its numbers for the past 15 quarters.

Today, the Mac maker said it expects "significant changes in the results of operations for the quarter ended 1 July 2006 compared to the quarter ended 25 June 2005, including significant increases in the company’s revenue and expenses".

The SEC submission follows Apple's admission on 29 June that it was investigating "irregularities related to the issuance of certain stock option grants made between 1997 and 2001". That, in turn, led the company last week to warn that one outcome of the probe could well be the need to restate its quarterly figures from 2002 onwards.

Yesterday, graphics chip company Nvidia said it may not be able to file its latest quarterly figures with the SEC until it too has completed an investigation of the way it offered stock options to its staff in the past. As a result, despite revealing record revenues, Nvidia was unable to state the quarter's net income. ®

Choosing a cloud hosting partner with confidence

More from The Register

next story
Nexus 7 fandroids tell of salty taste after sucking on Google's Lollipop
Web giant looking into why version 5.0 of Android is crippling older slabs
All aboard the Poo Bus! Ding ding, route Number Two departing
Only another three days of pooing and I can have a ride!
Heyyy! NICE e-bracelet you've got there ... SHAME if someone were to SUBPOENA it
Court pops open cans of worms and whup-ass in Fitbit case
SLURP! Flick your TONGUE around our LOLLIPOP – Google
Android 5 is coming – IF you're lucky enough to have the right gadget
Official: European members prefer to fondle Apple iPads
Only 7 of 50 parliamentarians plump for Samsung Galaxy S
Fujitsu CTO: We'll be 3D-printing tech execs in 15 years
Fleshy techie disses network neutrality, helmet-less motorcyclists
Space Commanders rebel as Elite:Dangerous kills offline mode
Frontier cops an epic kicking in its own forums ahead of December revival
prev story

Whitepapers

Choosing cloud Backup services
Demystify how you can address your data protection needs in your small- to medium-sized business and select the best online backup service to meet your needs.
Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Website security in corporate America
Find out how you rank among other IT managers testing your website's vulnerabilities.
Intelligent flash storage arrays
Tegile Intelligent Storage Arrays with IntelliFlash helps IT boost storage utilization and effciency while delivering unmatched storage savings and performance.