Thoughts on Tech, Deals, and Markets

Jobs Watch

leave a comment »

Steve Jobs, that is.   What a lightning rod.  Here are my views on a few of the big Jobs-related controversies.  On the matter of his importance to Apple, I take the under.  True, he’s amazing and deserves tons of credit for reviving Apple.  They are killing it with the iPhone/iPod Touch platform, which I believe is in the process of disrupting the legacy video game market.  But he’s surrounded by great people and, given the obvious health issues he’s been dealing with for years, it would be foolish to assume there hasn’t been a concerted effort to build out the management bench behind him.  On the matter of Apple’s obligation to disclose his personal health issues, I take the over.  Regardless of his true importance to the company, perceptions of his health can make or take billions of equity value in a flash, so every last detail is incredibly material to investors and therefore should disclosed.

Factoid of the day, hat tip to Tech Trader Daily:

CEO Steve Jobs has been staying in town a lot more than he did last year. Expenses charged to Apple for operating his private plane fell to $4,000, from $550,000 in the December quarter last year.

The fragility of his health is now public knowledge so this bit of reporting shouldn’t surprise anyone, but if this factoid came out a month it would have been a shortable tip.

Written by sandykory

January 31, 2009 at 9:26 am

Posted in Uncategorized

Tagged with ,

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: