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Technology Stocks : Apple Inc. -- Ignore unavailable to you. Want to Upgrade?

To: stevemanuk who wrote (57637)10/5/2006 5:45:07 PM
From: KeepItSimple  Respond to of 213177
 
Maybe you've been asleep for the past 10 years, but stock prices long ago stopped having anything to do with earnings.

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A stockholder will care, because all this will result in Apple having to restate (lowered) earnings. How does that not affect the stock?



To: stevemanuk who wrote (57637)10/5/2006 6:08:45 PM
From: Lizzie Tudor  Read Replies (1) | Respond to of 213177
 
it doesn't affect the stock because it happened from 1997-2002.



To: stevemanuk who wrote (57637)10/5/2006 6:56:46 PM
From: Jeff Hayden  Read Replies (1) | Respond to of 213177
 
Why would they have to restate lowered earnings for 2006?

I can see lowing the earnings for 2002, but why 2006? Seems like a nevermind to me.


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