Apple 10298 Published by Bob 0

Months into a federal investigation of stock options backdating at Apple, prospects for a criminal case against powerhouse CEO Steve Jobs appear dim. An examination of a massive 2001 stock-options grant to Jobs that was backdated through bogus documentation -- the central focus of the federal probe -- shows there is scant evidence, if any, to support criminal charges against the Silicon Valley icon.

Fed Backdating Probe: Is Jobs Off the Hot Seat

Apple 10298 Published by Bob 0

Shares of Apple edged higher in the premarket trading session Monday after a news report stating it does not appear that Chief Executive Steve Jobs will be indicted in the federal probe of stock-option backdating at the Cupertino, Calif., company. Apple shares gained 68 cents to $91.65 in active premarket electronic trading, from their close Friday at $90.97 on the Nasdaq Stock Market.

Favorable Outlook for Jobs Jolts Apple Shares

Apple 10298 Published by Bob 0

On April 12, Apple announced that Mac OS X 10.5, or Leopard, will be delayed from the original spring 2007 ship date. Now it won't ship until October. Considering that Apple had until June 21 to ship Leopard, this is only a four-month delay. In terms of OS releases, in general, this is no big deal, some have said. Well, yes it is.

Time for Apple to Fatten Up