Thursday, March 24, 2011

Steve Jobs Ordered to Appear at Deposition

Apple's arrogant Steve Jobs, who has kept his firm's shareholders and nosy media inquisitors at arm's length for years, finally met his match today. A U.S. district court judge ordered the wizard industrialist to appear for a two hour deposition involving a class action lawsuit against Apple. The story appeared in the Mercury News' SiliconValley.com column and in the LA Times.

Curiously, the brains behind the development of Apple's OS X operating system, Apple's software chief Bertrand Serlet (shown in the photograph), is leaving the firm after more than two decades at Jobs' side. Once again, SiliconValley.com reported the story. One wonders how Serlet's departure will impact the thinking of the many hedge funds that have relentlessly driven up the price of Apple's common stock.


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