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WASHINGTON: Apple Computer restated prior earnings on Friday following a months-long internal probe into stock option awards, and gave a vote of confidence to chief executive Steve Jobs. The company has notified the Securities and Exchange Commission of the findings by a special committee, chaired by former US vice president Al Gore, set up to probe the awards. As a result of its findings, Apple said it was now recognising additional non-cash stock-based compensation expenses of $84 million after tax dating back to 2004.—AFP
