Apple takes $84 million charge, defends Jobs
Apple Computer released new information about its allocation of stock options on Friday, defending Chief Executive Steve Jobs following speculation that a key document had been forged.
In its delayed annual report, published early on Friday, Apple said it would restate its financial results for the last three years and also take a charge of $84 million.
Apple also said that while Jobs was "aware (of) or recommended the selection of some favorable grant dates, he did not receive or financially benefit from these grants or appreciate the accounting implications."
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