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fmikehugo

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fmikehugo

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Friday, 12/29/2006 9:35:44 AM

Friday, December 29, 2006 9:35:44 AM

Post# of 147294
09:16 AAPL Apple Computer: Soleil comments on 10-K filing (80.87 ) -Update-

Soleil notes that AAPL restated its results to reflect proper options accounting. Firm thinks the relatively small size of the restatement ($84 mln after-tax for 1998 through 2006), and the board's strong support for current management will be viewed positively. Net net, the firm believes this filing will allow investors to focus on Apple's strong business fundamentals.
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