Bad Apples

There was and maybe still is a worm in Apple (Nasdaq:AAPL)as they continue to find irregularities in the awarding of stock options. Statements from Sept 29, 2002 may not be relied upon. This spans almost four years. Apple’s recent marketing upsurge may sputter and fizzle as excessive corporate attention is now focused on governance. Executives cannot be marketing clever as they try to fight off civil and perhaps criminal charges. If the problem festered for four years it has to be deep rooted.