In a filing with the Securities and Exchange Commission (SEC) on Friday, Apple said that it was unable to meet the December 14 deadline for filing its annual report. The company cited its ongoing investigation into stock options grants as the reason and said that it would need to restate its historical financial statements.
In the filing, Apple said it is in the process of finalizing the amount of charges, the resulting tax and which periods would need to be restated as a result of its independent investigation.
The company’s quarterly report ending July 1, 2006 and the yearly report are expected to be filed within 15 days, according to the filing.
The stock option irregularities were
by the company in June and have been under investigation since that time.