Apple defends Jobs, posts quarterly revenue

Posted on Wednesday 31 December 1969

[InfoWorld: Top News] (InfoWorld) - The same day the company posted strong financials, the board of Apple Wednesday publicly defended CEO Steve Jobs against allegations by a former executive about Jobs′ involvement in stock options backdating.
Fred Anderson, Apple’s former CFO, settled Tuesday with the U.S. Securities and Exchange Commission (SEC) charges that he violated securities laws for his role in backdating stock options. He agreed to pay a fine and pay back $3.5 million in ill-gotten gains.
But Anderson blamed the backdating on Jobs. …


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