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Apple Shareholders Approve Treating Options As An Expense
from the different-paths... dept
Just as Craig Barrett came out saying that any company that signs off on expensing stock options is giving out financial statements they know are not true, Apple has become one of the first Silicon Valley companies to agree to expense options. Again, I'll say that I doubt this is really that big of a deal. Investors and analysts will factor this information into their analysis and people really won't notice the difference. It just changes how the companies report numbers - and not how their actual business is progressing. Update: As was pointed out in the comments, I was a little too hasty in posting this. At this point, only the shareholders have approved it, not the board. So, this might not actually go through.
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according to the CNET article, the shareholders have recommended to the board they do this, HOWEVER, the board still has the final say so on whether they do or not. Also according to the CNET article, apple wasn't very keen on the idea. So will be interesting to see whether or not the board adheres to the wishes of the stockholders or acts in what they believe is the best interest of the company.
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