Bob Iger A Team Player, Buys Apple Stock

Bob Iger joined the Apple board of directors on November 15 and already is showing the love for his new teammates. According to an SEC filing, the Disney chairman and CEO this week acquired 2670 shares of the tech giant at an average price of $375, putting the total cost at just above $1 million. The move is seen as a gesture of confidence in the company, which is moving on following the death of Steve Jobs, but it would have been more fun if Iger had bought $1 million worth of iPhones and passed them out randomly at Disneyland. Oh well, maybe next time.

This article was printed from