Monday, October 17, 2011

Remember when Apple quit the Chamber of Commerce over the global warming hoax? Never mind

Silicon Valley elite honor Steve Jobs
Those seen arriving at the event included Google co-founder Larry Page, former US president Bill Clinton and former US vice president Al Gore, who is a member of the Apple board, local media reported.

Also seen were high-powered venture capitalists, the founders of US software maker Adobe and actor Tim Allen, who gave voice to character Buzz Lightyear in blockbuster “Toy Story” animated films made by Pixar, a studio created by Jobs.

Chauffeur-driven black cars and sports-utility vehicles, some with government plates, parked close to the chapel entrance
2010: Steve Jobs is back in the air - Apple 2.0 - Fortune Tech
We've been keeping an eye on Steve Jobs' private jet expenses ever since Morgan Stanley's Katy Huberty recommended that her clients buy Apple (AAPL) based on how much time Steve Jobs was spending in the air.

The argument she made in Feb. 2008, after Jobs was reimbursed a record $550,000 for jet fuel and other expenses, was that he is "integral to negotiations with international carriers and supply chain partners.
Pictures of Steve Jobs' private jet
Steve's private jet was offered to him by the Apple board when he officially became the company's CEO, in January 2000. It is a Gulfstream V Jet, worth over $40 million (total cost for Apple: $88 million). The 2009 SEC investigation revealed that "He brought up the idea: 'What I really need is a plane where I can take my family to Hawaii on vacation, go to the East Coast.' and the board agreed". Larry Ellison supposedly declared, "With what he's done, we ought to give him five airplanes!"
Flashback: Apple Quits Chamber Of Commerce Over Climate Change
"We strongly object to the chamber's recent comments opposing the E.P.A.'s effort to limit greenhouse gases. ... We would prefer that the chamber take a more progressive stance on this critical issue and play a constructive role in addressing the climate crisis..."

No comments: