Apple continues to face into what the company name as “ irregularities ” in issuing stock options . But do n’t look the ongoing investigation — or an approaching auditory sense before the NASDAQ Listing Qualifications Panel — to have much of an wallop on any approaching product releases the company may be be after .
“ Apple will sample to pass this up as chop-chop as possible , ” said Charles Wolf , an psychoanalyst for investment banking and asset direction firm Needham & Company . “ They certainly do not want this misdirection for the iPod introduction that will for certain bechance after Labor Day . ”
Apple warned in the first place this month that it would likely have to restate its historic financial instruction to record non - cash bursting charge for compensation expense relating to past ancestry option grants . In addition , the company enounce it would delay file a required quarterly financial report with the United States Securities and Exchange Commission for its fiscal quarter that ended July 1 , 2006 , as it continues the investigating of broth option unregularity . That , in go , propel Apple to call for a hearing before the NASDAQ Listing Qualifications Panel to respond to a formal card from the store interchange that the company was not in compliance with the filing requirements for continued itemization .
Could all that dramatic play behind the scene distract Apple executives from carry out whatever they have planned for product releases ? Conversely , could Apple ’s financial dealings spur the ship’s company to speed up product proclamation , perhaps as a way of ensuring convinced reportage in the press ?
Either scenario is unbelievable , concord to analysts , who expect Apple to travel along the same course it always does .
“ The fiscal direction of the company go severally of product development , ” said Ross Rubin , manager of analytic thinking for market - enquiry firm NPD Group . “ I see the wallop on products as being orthogonal as it has been so far . ”
AnalystsMacworldspoke to expressed little concern about the fallout from Apple ’s interior investigation , particularly since the party was looking into the matter on its own volition .
“ There does n’t appear to be any malice or intentional misleading that could stimulate long term pain , ” sound out Rubin . “ Apple has a very strong track platter and that ’s what is really significant institutional investors . ”
“ You really ca n’t judge Apple and their future on the descent choice of the yesteryear , ” agreed Tim Bajarin , chair of tech - diligence consulting firm Creative Strategies . “ They are at the zenith of their innovation — if you ’re an investor you need to look at their ability expire forrard , not look at what happened in the past . ”
The hearing with NASDAQ , which Needham ’s Wolf dismissed as “ trivial , ” is get the least amount of concern . “ The NASDAQ has a rule that if a company does n’t file its 10 - Q within 45 years they are mechanically dependent to delisting , ” Wolf state . “ [ NASDAQ ] will not delist Apple . ”
