03-25-2006, 03:27 PM
I like this sentence..."In 2003, Apple gave Jobs the 10 million share restricted stock grant in 2003 in exchange for then worthless options--about 55 million shares on a split-adjusted basis."
I can't begrudge the man his money. He is almost single-handedly the reason those "then worthless options" are now not so worthless. There is a really good article at Ars about Apple's rise from the ashes.
http://arstechnica.com/reviews/os/osx-fiveyears.ars
What I find interesting is that the only place in the Apple line-up that has me worried is the iPod. When you're on top, there is no place to go but down. For the computer segment, Microsoft seems to be taking random stray shots at their own foot. The reviews of Vista that I've read have been less than flattering, and they're trying to reorganize the management team to get it back on track. Apple and Linux stand to make huge gains if they can keep up the momentum for the next 6-8 months. I think that Apple's stock will hold its ground for awhile then start to climb again.
I can't begrudge the man his money. He is almost single-handedly the reason those "then worthless options" are now not so worthless. There is a really good article at Ars about Apple's rise from the ashes.
http://arstechnica.com/reviews/os/osx-fiveyears.ars
What I find interesting is that the only place in the Apple line-up that has me worried is the iPod. When you're on top, there is no place to go but down. For the computer segment, Microsoft seems to be taking random stray shots at their own foot. The reviews of Vista that I've read have been less than flattering, and they're trying to reorganize the management team to get it back on track. Apple and Linux stand to make huge gains if they can keep up the momentum for the next 6-8 months. I think that Apple's stock will hold its ground for awhile then start to climb again.