Site icon MacTech.com

TheStreet: ‘If Apple Lost Jobs’

In an article today on TheStreet.com by Katie Dean, discusses how Apple would manage if it were to lose CEO Steve Jobs due to the ongoing stock options issue. “Apple has said that Jobs knew of backdated option grants but ‘was unaware of the accounting implications,’ and an internal investigation cleared him of misconduct,” notes the story. “Still, according to media reports, he’s been questioned by authorities at the Securities and Exchange Commission, and the investigation by federal authorities is ongoing. With such questions still swirling, some wonder about the possible downside of leaning so heavily on one person to drive the company’s success — and what the Jobs-friendly board is doing to prepare for the possibility of losing its star pitchman.”

Exit mobile version