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Steve Jobs divests 45% of personal Apple shares
Sunday, Mar. 26 2006 | Author: J. Angelo Racoma
Steve Jobs just sold 45% of his company shares, according to the Register.
Apple Computer founder and CEO Steve Jobs sold 45 per cent of his Apple stock this week. Jobs sold 4.57m shares at a price of $64.66, netting him a cool $295m.
Here are some details on the trade at Yahoo! Finance.
The question is why? Is Steve seeing something we’re not? Will the Intel-based Macintoshes be flukes? Is Apple’s future as a company bleak? I mean when the chief executive of a company seemingly on the rise sells a huge chunk of company shares, that doesn’t forebode anything good.
Or perhaps Steve is planning to create yet a new startup, like what he did when he founded Pixar and NeXT after being ousted from Apple in the early 1990’s. Your guess is as good as mine.
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34 Responses for "Steve Jobs divests 45% of personal Apple shares"
March 26th, 2006 at 5:37 am
1He just payed his taxes. see http://daringfireball.net/linked/2006/march#wed-22-jobs_aapl
March 26th, 2006 at 6:04 am
2Ah. So he basically returned the stock to the company and used the proceeds to pay almost US$ 300M in taxes? I’d sure want to be in Jobs’ shoes. Even if he weren’t filthy rich, he’s still among the most powerful in the tech world.
March 26th, 2006 at 7:11 am
3maybe he just wanted to roll around in mad amounts of cash? I know I would if I had it
March 26th, 2006 at 4:27 pm
4Well, can’t you see a slow market ahead?
The tech market is way over sold. (Don’t blame me: Google at $80 to $400 and then out because that’s way too much on any kind of fundamentals.)
If you don’t know the roller coaster just stopped, well, don’t blame me.
New market starts in the new decade. It’ll be a real scorcher. And the later it starts, the better. The first jump could be all catch up for the 00’s and still be something like 30% increase across the board.
I like it.
(Hey, SJ! Nice move. And nice way to get out of the commodity business: that said in anticipation of your next important “one more thing.)
“-”
March 26th, 2006 at 7:35 pm
5I’m going to go with Brian, maybe he just wanted to buy a yacht.
March 27th, 2006 at 8:28 am
6Or maybe he wants to invest the money in something else, something he thinks might have a higher ROI (return on investment).
April 3rd, 2006 at 2:01 pm
7Hi :D
May 23rd, 2006 at 4:49 am
8bmxwjisvw pdjpumaso flnsnofzi
May 23rd, 2006 at 3:13 pm
9A second line of fire rose in her cheeks as again Suzanne screamed.
May 23rd, 2006 at 5:25 pm
10Which reminds me of a very strange site that I dont understand
May 23rd, 2006 at 8:54 pm
11This is where Mr. Tall comes in. HeÒs not one to forget. Yay for horny men!
May 23rd, 2006 at 10:22 pm
12We’re currently shooting the movie’s prequel to explain why all of the living characters are covered in more blood than the zombies in Second Death.
May 24th, 2006 at 1:29 am
13on a family trip to visit mother and company in bumblefuck, alabama, my genet
May 24th, 2006 at 3:07 am
14ItÒs simple but effective. They also do other genres. Adolescent poetry is worth a look.
May 24th, 2006 at 7:48 am
15so i figured the best thing to do is offer an inside look to the demon that drives this crazy train, and tell obnoxious anecdotes about my sister, since she’s not here to stop me.
May 24th, 2006 at 9:40 am
16What do you think? Not bad, considering it was randomly generated by the Postmodern generator using the Dada Engine
May 24th, 2006 at 9:54 am
17Loyal apple fan here, UNTIL they screwed me for the last time. I started with a 128k Mac, last year bought a 20″ iMac. Then what happened they switch to intel, and make all my software and machines orphans. I’m done, I’ve had it. I think they have shot themselves in the foot for the last time. There business will be iTunes and iPods. Why but an expensive apple when you can get a peecee for one half the price?
May 24th, 2006 at 11:17 am
18IÒve just joined the English Language list where teachers of A level English Language discuss stuff. They pointed me to this which is good fun.
May 24th, 2006 at 12:28 pm
19With a turn she left the blushing girl at the counter, but not before saying in a reassuring tone, ÓYou really should take him up on the offer. He is very good at itÔ
May 24th, 2006 at 7:31 pm
20Would you like to walk around the markets on Saturday? And, by the way, don’t email me again.
May 24th, 2006 at 10:40 pm
21“You said that you didn’t care if I went record shopping.”
May 25th, 2006 at 2:11 am
22These ornate brass lockbusters looked like they opened the door to a secret garden× or maybe Bluebeard’s worst room! It was like receiving a box of jewels.
May 25th, 2006 at 3:47 am
23“Okay lady,” he says. We say our goodbyes inside MGM.
May 25th, 2006 at 5:40 am
24HeÒs impressed by how many people are keen to attend public talks and debates at the moment.
May 25th, 2006 at 12:12 pm
25I know He likes my “spark” and doesn’t want to extinguish that. But spark and disobedience are two very different things.
May 26th, 2006 at 3:42 pm
26I had to ask myself if I could get used to a life like that. How much *exactly* did it bother me that He was not only serving Himself, but serving ME also?
May 27th, 2006 at 2:48 pm
27PS Please, someone, find a home for Robbie in Oxford. I canÒt bear what that bus trip is doing to him.
May 29th, 2006 at 7:15 pm
28i have been writing up a fierce storm to the echoing applause of silent rejections (at least send a note, people). and i have been making leaps and bounds in therapy.
May 30th, 2006 at 12:13 am
29Hope youÒre enjoying Berlin. I enjoyed the night out last week and taking part in the Laurel and Hardy sketch on Saturday morning.
May 30th, 2006 at 9:09 pm
30Too much information I am sure. I cannot seem to keep it simple. As long as these answers are….this is the edited version.
June 27th, 2006 at 11:46 am
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