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This stock options 'thing' has taken a new turn with Steve hiring his own attorneys.
I found this article quite interesting, and a little worrying... http://www.technewsworld.com/rsstory/54893.html Quote:
Another option, of course, is that Steve is simply preventing a conflict of interests between him and the company. That is what I immediately suspected. So is the 'analyst' used in this articel scare mongering, or simply digging for dirt himself? Perhaps Steve will move sideways in some fashion, but that brings us to the oft discussed problem both here and in the above article, of "Who would possibly replace Steve?". I know we have discussed that here before so I am more interested in what people think about the possibility of Steve leaving, as opposed to who will replace him.. These probes are trendy and have the tendency to become a 'Witch Hunt', and whilst I am sure Steve will not be planning, nor want to leave, and that Apple certainly won't want him to leave.. It could be something forced on them by an unfortunate turn of events... It's strange because I never really think of Steve as a traditional employee in that sense. He *is* Apple, in so many ways, and whilst that is not necessarily healthy, it is a fact. What do other people think? 'Remember, measure life by the moments that take your breath away, not by how many breaths you take' Extreme Sports Cafe | ESC's blog | scratt's blog | @thescratt |
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Yarp
Join Date: May 2004
Location: Road Warrior
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I think it might be about time to cash in on some of my shares.
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You're quoting Enderle?
Seriously now. |
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I don't know anything about him.. So is he a scare monger? Educate me..
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Personally I think it's a great time to buy.... I think the shares will rocket next month regardless of this probe. I am more concerned about the more long term fallout and effects.. Wall Street doesn't give a shit about the companies it destroys, only the money it can make off them on the way up *and* the way down... In that sense, weakening the management structure of the company is a long term concern, and the 'iPhone' or whatever will certainly offset any of that in the short term, and in the view of the greedy piggies on Wall Street. But they will still want their 'pound of flesh'.
'Remember, measure life by the moments that take your breath away, not by how many breaths you take' Extreme Sports Cafe | ESC's blog | scratt's blog | @thescratt |
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Well that gives us some perspective on his comments then...
I think I'll stick with my theory in my original post that perhaps someone is digging for dirt... Thanks. 'Remember, measure life by the moments that take your breath away, not by how many breaths you take' Extreme Sports Cafe | ESC's blog | scratt's blog | @thescratt |
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He is a blow hard and everyone on the street is blowing their bonus checks not making news. If no news exists lets create some seems to be the motto leading into the January run up and during August. It is a strange job because they are supposed to get attention for themselves, not be correct.
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Member
Join Date: Aug 2006
Location: USA
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When Jobs was at Apple, things worked. Even though they didn't always have enough money, he kept the company afloat. When he was kicked out, Apple suddenly started to go down, down, down. So back when he first came back, as the Interim CEO, Apple suddenly got financially stronger, they were developing great products again. So to say that Steve would leave, or even be kicked out, is absolutely ridiculous.
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^ I agree.
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can't read sarcasm.
Join Date: Aug 2004
Location: Toronto, Canada
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We all know Jobs IS Apple. There's no one who can sell a new iPhone the way Jobs can. Certainly not Schiller. The only person that comes to mind is that young guy who introduced part of the Leopard preview at a recent show. I forget his name or even the event. |
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We'll know more tomorrow with regards to the options investigation when Apple is expected to file their delayed reports with the SEC.
That report (the one in The Recorder, not Enderle's analysis) yesterday triggered a 6% decline of AAPL early, but it recovered by the end of day. |
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Space Pirate
Join Date: May 2004
Location: Atlanta
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Does anyone know exactly where will the reports be available? I assume they're for the public record and will be provided in PDF format.
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Banging the Bottom End
Join Date: Jun 2004
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There's a story on MacNN that says Apple forged some documents in 2001 related to stock option grants to Steve. This could be bad in an Egon Spengler kind of way.
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Join Date: May 2004
Location: Minnesota
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Join Date: Dec 2005
Location: Lake Vostok Yacht Club
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Or bad in a William McGuire (CEO United Health) kind of way. Oh, and I think this thread title should be renamed, "Will teh Steve be leaving Apple soon?" My answer: looks favorable.
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Not sayin', just sayin'
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Boy if Fred Anderson is implicated in this, as fall guy or one of the real culprits, that will really shake my trust in the company. He has always been considered so highly, pretty much universally, to say nothing of Jobs even.
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On Pacific time
Join Date: May 2004
Location: Moderator's Pub
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I thought this was an interesting related article:
- How Steve Jobs Came Up with the 'Perfect Thing' - Especially these paragraphs near the end - Quote:
I think that first paragraph is particularly amazing. |
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9" monochrome
Join Date: May 2004
Location: 🇦🇺
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That's a great comment BR. I agree that Andersen is considered a stand-up guy and to be implicated in this would shake one's confidence in the company. At the same time, if they make him the scape goat then that would also cause me to doubt the integrity of those running Apple. It is going to be interesting to see how this unfolds. |
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I am working on a Pipeline Inspection board for an Oil Company right now...
The PCB was designed by a friend of mine in the UK, and parts were sourced from all over the globe.. Including those fancy accelerometers you find in the Wii's handsets. During the fabrication process we were doing some pretty similar stuff to get components that were 'out of stock', which did include sending out people to rake items from shelves in Asia. As we get closer to the first pipeline test if any more problems hit the project then I can see some very dynamic people doing some quite drastic things to get me what I need to complete my job on time... Where big money, and bold designs come together, especially with market presures such as deadlines I would not put it past companies to have people knocked off to reach their goals.. I also remember being part of the 'black-ops' unit at a well known 90's Virtual Reality company in the UK, where I was tasked with trying to find back doors into other companies systems.. This was at the same time we were advising on the movie Lawn Mower Man... and don't even get me started about Hollywood! The same MD who asked me to create the 'black-ops' unit (famously) used the phrase 'Flux Capacitor' on various occasions, and really believed that they were a real world item. Who was I to argue.. I took the money, and bought the toys, and gave him periodic reports on, well, nothing... But that's another story.. 'Remember, measure life by the moments that take your breath away, not by how many breaths you take' Extreme Sports Cafe | ESC's blog | scratt's blog | @thescratt Last edited by scratt : 2006-12-29 at 02:04. |
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Banging the Bottom End
Join Date: Jun 2004
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Fred Anderson has already resigned from Apple's board of directors. He's definitely going to go down in some way over this options backdating issue.
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Less than Stellar Member
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I missed my chance to buy more AAPL. Oh well. If it's not red and showing substantial musculature, you're wearing it wrong. |
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Join Date: Oct 2005
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http://money.cnn.com/2006/12/29/tech...ion=2006122910
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Banging the Bottom End
Join Date: Jun 2004
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Last edited by bassplayinMacFiend : 2006-12-29 at 13:36. |
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Join Date: May 2004
Location: Clayton, NC
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I like $100 million because it's $100 hundred hundred hundred.
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New Member
Join Date: Feb 2006
Location: At a Junction, In a Cave
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I believe this is the "... young guy who introduced part of the Leopard preview at a recent show." Here is his Bio: Tony Fadell Happy, Happy New Year to All! Last edited by caoimhin : 2006-12-31 at 22:50. Reason: Add information |
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Join Date: May 2004
Location: Minnesota
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"Virtually bursting with adequatulence." |
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Join Date: Jun 2004
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With all the distractions at Apple and Pixar of late, demand for Steves' time must be substantial. Isn't it highly likely he will need to share the MWSF 07 stage with others as before? My preferred presenter is Bertrand Serlet. He joined Apple with Steve's 1997 return after working with NeXT and Xerox. Here is a link to a YouTube video of Bertrand's presentation. Enjoy!
http://www.youtube.com/watch?v=n9UPhwmjJ-Y [ |
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Happy 2007. |
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