Exclusive Deal While supplies last, save 40% off over 40 iPhone 5 and iPhone 4/4S cases and chargers as well as Samsung S III cases at Kensington.com. Use coupon code 'SAVE40%' at checkout to receive this exclusive discount.      
toggle

AAPL Stock: 442.14 ( 0 )

http://www.macnn.com/articles/00/11/18/levinson.buys/

Levinson buys stock in Apple

updated 01:33 pm EST, Sat November 18, 2000

 
", 0, 0);


The newest member of Apple's Board of Directors, Dr. Arthur Levinson, recently purchased a stake in the company, according to a Macworld UK report early this week. Filings from the Securities and Exchange Commission show that Levinson bought 80,600 shares in Apple, or approximately $1.55 million (estimated from market value at the time). Dr. Levinson is chair and CEO of biotech company Genentech and joined the Apple board in August, replacing retiring board member Edgar S. Woolard Jr. Levinson's presence on the board and strong support of the company (he filmed a testimonial praising the G4 Cube prior to joining Apple) is expected to help strengthen Apple's already-high marketshare in the scientific and high-end educational market.


by MacNN Staff

Post tools:

TAGS :

 Investor
 
close
Photo
toggle

Network Headlines

toggle

Most Popular

MacNN Sponsor

Recent Reviews

MaxUpgrades MaxConnect for 2006-2008 Mac Pro

Nobody outside of Cupertino's privileged bunch knows the future of the Mac Pro line for sure. Despite Apple's reluctance to tell us wh ...

Brother HL-3170CDW LED Printer

We've mentioned before that we are far from a paperless society. For now, at least, there are tasks that require a piece of paper for ...

HTC One

It is hard to overstate just how critically important the HTC One is to the Taiwanese company’s fortunes. Despite its alarming decline ...

toggle

Most Commented