Wall Street - page 4

Steve Jobs’s Death Could Cost His Widow Almost $1B In Taxes

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Photo by 401K - http://flic.kr/p/aFB7hB
Photo by 401K - http://flic.kr/p/aFB7hB

For the widow of Apple co-founder Steve Jobs, the saying about death and taxes being life’s only certainty probably rings true — particularly taxes. Laurene Powell Jobs learned she must pay $867 million in capital gains taxes and is being advised to unload millions of Disney and Apple shares worth nearly $7 billion.

Idiot Investors Don’t Trust That Apple Can Keep Making Magic New Products

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Photo by triplefivedrew - http://flic.kr/p/6kQ6xS
Photo by triplefivedrew - http://flic.kr/p/6kQ6xS

When it comes to huge investors who buy mammoth blocks of Apple stock, there’s only one question: what have you done for me, lately? If you want to know why product launches are so important to Apple, it’s because the launch of a new product is critical to investors who believe Apple isn’t worth a plug nickel without its latest and greatest products.