Former Apple CFO to repay $3.5M in options settlement with SEC
Apple Inc.'s former chief financial officer Fred Anderson has settled with the Securities and Exchange Commission on allegations that he backdated stock options during his tenure at the company, the Wall Street Journal reported on its website Monday evening.
Apple, Amazon set to squeeze music labels over DRM
As the newly self-proclaimed champ of consumer choice, Apple is reportedly putting the screws to music label giants in an attempt to get equally open treatment for all its songs, and on Monday received apparent help from an unexpected ally.
iTunes Store a greater cash crop than Apple implies?
Although Apple has repeatedly said that its iTunes Store operates at "just above break even," a thorough analysis of the service's economics suggests it turns a profit roughly in line with the company average, with recent events paving the way for even greater gains.
Apple details Leopard's expanded Instant Message framework
Apple is slowly publicizing some of Mac OS X Leopard's underlying features, most recently providing developers with an explanation of how the operating system's expanded Instant Message framework will allow them to access iChat 4.0 features from within their applications.
SEC set to charge former Apple legal chief
The Securities and Exchange Commission is expected this week to bring formal charges against Apple's former top legal aid for her integral role in the company's options backdating scandal, and is separately mulling a case against the firm's former CFO, The Mercury News is reporting.
Apple seen edging Street estimates for March quarter
Apple's second quarter Mac and iPod sales are likely to come in just above Wall Street's expectations, helping to drive slight upside to overall consensus revenue and per-share earnings estimates, according one investment research firm.
