Steve Jobs Opting to Exercise Options, iPod Trading Leading to iJail, Ebooks on iPhones, and More

Steve Jobs Opting to Exercise Options, iPod Trading Leading to iJail, Ebooks on iPhones, and More

Cash Money Millionaires: It’s good to be the king. Apple CEO Steve Jobs just paid $690,000 to exercise about 120,000 options according to a standard SEC regulatory filing. Originally picking up the shares at $5.75 a piece helped Jobs walk away with approximately $15.3 million (even with the generalized market down turn) at a closing price of $127.79. The options were set to expire Tuesday so it was use it or lose it apparently. We should have such troubles.

 

iPod Troubles: Inventec Appliances executives sold off a bunch of stock on insider insight into the fact that Apple was planning on reducing iPod orders. This, apparently, is a big no-no and Taiwan’s SEC, the Banciao District Prosecuttors Office, is pegging nine executives and one lower level employee for selling off the American dollar cash equivalent of $22.4 million worth of stock. Who would notice that?

 

eBooks + iPhones: It looks like HarperCollins, fast to queue up, are now making it possible to browse, buy and download eBooks on your iPhone with their new Browse Inside service. Bookshelf makers are afraid. Very afraid.

 

Crazy computer tricks: Ever wonder what happens when you drive over your very expensive MacBook Pro? Well, wonder no more.

 

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mackerm

In case nobody's mentioned it, I always get a kick out of the photo illustrations which accompany the news. That one of Jobs with the moneybag hit my funny bone. (Linked to my name in case it disappears.)

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