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AAAAAAAAHHHHHHH!!!!!! Did he dump his stock????
Okay, settling down now... mick e is hoping that your scenario is simply a hypothetical.
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4,573,553 shares * 64.66 $/share = $295,725,936
If he has trouble scraping by on that, he still owns 5,426,451 shares.
- Shadow
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it's $270 million, not $2.7 billion.
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Mick E it is not hypothetical look at the attachment it is an offical document. Pump and Dump. Announce exciting new Intel models and get out!
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okay, edited the decimal error. But, my calculator DID GAK ON IT.
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Actually he probably just is going shopping for new furniture and a car with the 2.9 billion. Not to worry.
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Maybe he has to pay taxes.
On the profit from Pixar?
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That would sure in part explain Apple's recent dips. Must have been some in the know on this coming sale... and then of course the sale of the 4.56 mil shares. Damn! 300 mil pocketed before taxes - And I am sure he's making large donations to charities.
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http://finance.yahoo.com/q/it?s=AAPL
Yup.... Steve did indeed file to sell those shares..
OUCH..
I think Tomorrow is going to be a bad day for AAPL.
Personally, I learned not to read too much into insiders selling, unless they're ALL SELLING. Maybe Steve just wanted a new Gulfstream... or Boeing Business Jet...
Or to put a down-payment on Disney...
