HITCHING APPLE'S STOCK TO STEVE'S PRIVATE JET

摘要

With Apple shares down nearly 40% from historic highs late last year, investors are looking for any sign of a rebound. Morgan Stanley analyst Kathryn Huberty found an odd one: Steve Jobs' private-plane bills. Awarded his own $90 million Gulfstream V jet in 2000, fobs gets reimbursed when he uses his jet for business. And recent SEC filings show he billed Apple $550,000 during the last three months of 2007—triple his average bill for each of the prior six quarters, Huberty says. In a Feb. 26 research note, Huberty argues this indicates Jobs has been globe trotting to cut deals, a sign that Apple is "preparing for meaningful product launches."