Fix it Jobs or get more bad PR & see Iphones fail BIG time. FYI. Unwise leadership. Dumb. Impacts employees.

You might want to read the whole story before jumping on the bashing bandwagon. There’s actually nothing really new in it.

Apple revealed in June that it had discovered irregularities related to stock options awarded between 1997 and 2001.

So, this all happened 6 to 10 years ago. It’s not about their current practices. Isn’t it a good rather than a bad thing they’re inspecting (of their own initiative) and correcting the thing?

The company said Mr. Jobs did not knowingly receive any backdated options and had not benefited from the practice, and that he did not understand its accounting implications.

So while Jobs might have known about what was happening, there is no evidence he knew it was illegal. As a matter of fact,

Mr. Wolf said it was within reason that Mr. Jobs would not have paid attention to the backdating, particularly given that it was common and legal. “I don’t think he’d know an asset from a liability,” Mr. Wolf said of Mr. Jobs. “That’s not his game.”

So not only is the whole title of the article questionable, the whole act that happened was legal before the Sarbanes-Oxley Act of 2002.

Moreover, all the people that were part of the issue, have left (read: kicked out from) Apple since then. So I would actually take this as a positive sign about that Apple is carrying its responsibilities.

I’d have to agree with Jarkko here. There is a significant amount of confusion around the rules. Here’s some info:

http://news.com.com/FAQ+Behind+the+st…