I’ve spent considerable time over the past 24 hours returning media inquiries on recent reports about Apple Computer’s stock options probe. It’s not the easiest thing to focus on from 35,000 feet, give or take.
These are troubling allegations, to be sure. So it is curious that the company has had nothing to say about them since they were raised nearly two days ago. That’s never a good sign when bad news is involved.
The Centre for Corporate & Public Governance issued a statement in response to inquiries it has received from reporters and concerned investors. It also raises some observations about Apple’s board and corporate governance practices, which readers may find of interest.