Apple CEO Steve Jobs
owns about $2.5 billion worth of Apple stock. But he would own about
$13 billion worth of Apple stock if it weren't for a huge mistake he
made back in 2003, MarketWatch's
Brett Arends reports.
In 2003, Apple (AAPL) stock had declined from a peak $36 per share during the tech boom to about $7.
This put options granted to employees near the peak deeply underwater.
To read the full, original article click on this link: How Steve Jobs Blew $10.3 Billion On "The Dumbest Trade Ever"
Author: Nicholas Carlson
