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Jobs' world traveling low this winter

updated 01:50 pm EDT, Fri May 9, 2008

Jobs' travels less

In the past, Morgan Stanley analyst Kathryn Huberty asserted that Steve Jobs' plane travel filings with the SEC are indicative of Apple product releases, since Jobs tends to travel more when signing deals with new companies. Silicon Alley Insider notes that while this is usually the case, March quarter filings show that Jobs' travel reimbursement is only $30,000 – contrasted against $550,000 in the December quarter – despite Apple sealing major international deals with cell carriers Vodafone, America Movil, and Telecom Italia.

Silicon Alley Insider also theorizes that the deals could have taken place before or after the March quarter, or that representatives for each of the three telcos came to Apple's campus to do business. Another theory is that Jobs flew on United Airlines, thereby reducing flight expenditures from having to maintain his Gulfstream V jet.

 
Previous Comments

Doesn't need to anymore..

05/09, 02:14pm reply

He no longer needs to go and do his song-and-dance to convince these people. They are now coming to him. They want it so much.

vasic

Fresh-Faced Recruit

Joined: May 2005

+2

wow

05/09, 06:29pm reply

holy c*** $550K in a quarter? GOD I would like to live his life for a DAY

macbones

Fresh-Faced Recruit

Joined: Jul 2006

+1

he's cutting deals...

05/10, 03:08pm reply

Steve is just being eco-friendly when he cuts those deals. He now uses the phone, uh, iPhone. lol.

MeandmyMac

Fresh-Faced Recruit

Joined: Feb 2008

+1

yeah

05/11, 02:20pm reply

Maybe he finally realized that there's lot's of companies out there to deal with, and you don't have to go 'in-person' to get a deal done. Fire up iChat on the iphone and do a video chat with some head-honcho...

testudo

Fresh-Faced Recruit

Joined: Aug 2001

-1

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