Apple Execs' Stock Sales Studied

fotns

I'm not sure if this was already covered today, but I found this <a href="http://www.washingtonpost.com/wp-dyn/articles/A62054-2002Jun28.html"; target="_blank">article</a> at the Washington Post. Apple does not need this type of publicity during these times of corporate scrutiny.

blabla

That, together with this:



<a href="http://www.nypost.com/business/51302.htm"; target="_blank">http://www.nypost.com/business/51302.htm</a>;



"The research firms says Raytheon may be reporting profits that are nearly 9,000 percent better than its "core" real numbers. And Perkin-Elmer is 7,274 percent overstated; The Gap, 1,047 percent; Apple Computer, 1,003 percent; and Yahoo! 956 percent. "



is not something Apple need right now.



(But I support av SEC investigation.)

allenchristopher

My favorite Apple profit trick was when Steve announced that since Apple bought most of Akamai and Akamai's stock went up through the roof, Apple had made $12B "profit," the most Apple ever had in a quarter. The whole room went wild as if Apple had sold an unusual number of computers, while I was sitting at home laughing until I cried with a friend. This was while everyone prudent was waiting for the dot com bubble to burst, and it wasn't as if Apple was ever going to sell Akamai, or as if that value had anything to do with how much money Akamai would bring in. Talk about reality distortion.

blue2kdave

Here's a list of sales.



<a href="http://www.quicken.com/investments/insider/?symbol=AAPL"; target="_blank">Apple Insider Sales</a>



When you look at the list, you start to wonder...

chris cuilla

It is important to understand that executives of publicly traded companies sell their stock ALL the time. These transactions are likely part of normal portfolio diversification for these people. However, the timing and clustering (the past two months) seems a little interesting. That said, we would need to look at these in a MUCH larger context (say over the past 2-3 years). Is there then something UNusual about THESE in the whole scheme? I hope not!

glurx

In today's post Enron, WorldCom, etc environment these execs better be Caesar's wife about this.

anders

As I have said before: This is because of Jaguar

chris cuilla

[quote]Originally posted by Anders:

<strong>As I have said before: This is because of Jaguar</strong><hr></blockquote>



Huh?

anders

They want it