Suspected Apple insider trading investigated by SEC
According to internal Securities and Exchange Commission documents obtained by Dan Dorfman, financial columnist with The Huffington Post, an investigation is underway regarding four specific time periods in which suspicious trading activity of Apple stock took took place. The commission is looking to discover whether the trades were made with inside information not available to the public.
The report cites three speculative sources of information that likely caught the SEC's attention: iPod sales, the health of Steve Jobs, and the release of any public information regarding either topic. The column quotes one anonymous hedge fund trader who said that it appeared, based on the timing, that some buyers and sellers were employees of Apple.
Dorfman noted that the situation is unique because SEC investigations typically survey one specific time period, while this alleged query is more broad.
iPhone tracking feature locates robbers
Apple's Find My iPhone MobileMe feature reportedly led to the capture of suspects who allegedly stole a man's phone, according to the Pittsburgh Post-Gazette. The victim had his phone, wallet and credit card PIN number taken from him last week.
After the suspects fled with his belongings, the victim located his iPhone via GPS at an area Walmart. There, police said, the suspects purchased items with the victim's stolen credit card.
With the help of the iPhone's GPS, police managed to track down the three men and arrest them. They were charged with robbery, access device fraud, conspiracy, receiving stolen property and possessing instruments of crime.
Loggia in latest 'Get a Mac' ad
Prolific actor Robert Loggia is the latest actor to appear in Apple's popular "Get a Mac" ads. In the latest commercial, entitled "Trainer," Loggia appears as a personal trainer attempting to get John Hodgman's "PC" in shape.
Loggia notes, as Hodgman does sit-ups, that PC Magazine rated the Mac No. 1 in customer support, reliability and customer satisfaction. Loggia is an Academy Award-nominated and Emmy-winning actor who has appeared in countless TV shows and movies, including Scarface, An Officer and a Gentleman, The Sopranos and Independence Day.
Recently, Apple debuted another advertisement, entitled "Top of the Line," that featured actor Patrick Warburton, best known as the character David Puddy from Seinfeld.
18 Comments
Excellent 2 page article in Sunday's NY Times re history of Apple's and Microsoft's advertising war.
Here it is:
http://www.nytimes.com/2009/08/30/bu...edia/30ad.html
Oh, so now it's getting more interesting- those Apple employees really know how to work the trades!
An owner of an East Village store, near where I live, had his iPhone knocked out of his hand while talking in broad daylight Friday. The assailant took off with it, one block from the police precinct! He chased the guy for 7 blocks but the guy got away. He doesn't have a mobile me account so he's out of luck. To add insult to injury he had to shell out $500 for a replacement. He was told when filing his police report that gangs are making it part of their initiation process - to steal an iPhone. Be careful my friends in NYC.
I like the new add. Stick with the facts..don't get too snipey. The new add is good on both points.
So, it's not enough to be just a robber with a gun. You gotta have knowledge of current & new technology.