Steve Jobs divests 45% of personal Apple shares


 

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.


 

35 Responses to Steve Jobs divests 45% of personal Apple shares

  1. jangelo says:

    Ah. 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.

  2. Brian Larter says:

    maybe he just wanted to roll around in mad amounts of cash? I know I would if I had it

  3. "-" says:

    Well, 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.)

    “-”

  4. John says:

    I’m going to go with Brian, maybe he just wanted to buy a yacht.

  5. Tim says:

    Or maybe he wants to invest the money in something else, something he thinks might have a higher ROI (return on investment).

  6. jccclfzgrwk says:

    bmxwjisvw pdjpumaso flnsnofzi

  7. XXX-MOVIES says:

    A second line of fire rose in her cheeks as again Suzanne screamed.

  8. fioricet says:

    Which reminds me of a very strange site that I dont understand

  9. ZYPREXA says:

    This is where Mr. Tall comes in. HeÒs not one to forget. Yay for horny men!

  10. testosterone says:

    We’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.

  11. bextra says:

    on a family trip to visit mother and company in bumblefuck, alabama, my genet

  12. risperdal says:

    ItÒs simple but effective. They also do other genres. Adolescent poetry is worth a look.

  13. ACYCLOVIR says:

    so 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.

  14. didrex says:

    What do you think? Not bad, considering it was randomly generated by the Postmodern generator using the Dada Engine

  15. Ulrich Sondermann says:

    Loyal 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?

  16. BRUNETTES says:

    IÒve just joined the English Language list where teachers of A level English Language discuss stuff. They pointed me to this which is good fun.

  17. CARISOPRODOL says:

    With 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

  18. TESTOSTERONE says:

    Would you like to walk around the markets on Saturday? And, by the way, don’t email me again.

  19. flonase says:

    “You said that you didn’t care if I went record shopping.”

  20. provigil says:

    These 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.

  21. ASIAN says:

    “Okay lady,” he says. We say our goodbyes inside MGM.

  22. avandia says:

    HeÒs impressed by how many people are keen to attend public talks and debates at the moment.

  23. lodine says:

    I know He likes my “spark” and doesn’t want to extinguish that. But spark and disobedience are two very different things.

  24. CODEINE says:

    I 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?

  25. DEMEROL says:

    PS Please, someone, find a home for Robbie in Oxford. I canÒt bear what that bus trip is doing to him.

  26. i 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.

  27. CELEBRITIES says:

    Hope youÒre enjoying Berlin. I enjoyed the night out last week and taking part in the Laurel and Hardy sketch on Saturday morning.

  28. poker-guide says:

    Too much information I am sure. I cannot seem to keep it simple. As long as these answers are….this is the edited version.

  29. derek says:

    proverka2007

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  33. michael says:

    i will like to apply for the university

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