Home » Archives » December 2006

Apple says Jobs did not benefit from options

29 Dec 2006
Posted by joshb

Shares of Apple Computer rebounded on Friday with news that CEO Steve Jobs knew of options back dating at the company but did not benefit from the practice. According to a New York Times article "Mr. Jobs did not benefit financially from any questionable stock awards."

My reaction to this is mixed. Certainly as a long-time user of Apple hardware and someone who hopes to continue using the best hardware on the market I'm glad to hear it. On a personal note I have some stock I was planning to sell next week and buy Apple shares so I'm disappointed the price rebounded today.

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