Episode BritishMac055
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Jobs exercises 120,000 Apple shares
Steve Jobs exercises options, but has no plans to cash in yet
Karen Haslam

Apple CEO Steve Jobs this week exercised 120,000 Apple shares, likely to be worth between $14.5 million and $14.8 million.
Steve Jobs bought the 120,000 shares for $5.75 apiece this week, according to a regulatory filing made public on Wed 17 August 2007; Jobs paid a total of $690,000.

Apple gave Jobs the options, which carried a strike price of $5.75 a share, in August 1997 when he joined the company. The 120,000 options were set to expire this week, writes Bloomberg.
However, he hasn't sold the shares and has no plans to do so at this time, Apple said.
Fake Steve Jobs blogger unmasked

The blog was started 14 months ago
The anonymous writer of a prominent blog which lampoons Apple boss Steve Jobs has been unmasked.
The Secret Diary of Steve Jobs, in which the writer pretended to be the Apple chief executive, has become a must-read for technology watchers.
After months of speculation, the New York Times reported that the writer was Daniel Lyons, a senior editor at business magazine Forbes.
Despite the unmasking, the diary will continue but on the Forbes website.
Mr Lyons, who writes about technology, told the New York Times: "I'm stunned that it's taken this long (to discover my identity)."
'Ruined mystery'
He said he had had to buy books and biographies to "learn about a lot of the back story" of Apple.
Writing as Steve Jobs on the blog, Mr Lyons said: "Now you've ruined the mystery of Fake Steve, robbing thousands of people around the world of their sense of childlike wonder."
He added: "Apple faithful, here in our darkest hour I know what you're thinking: What's next for FSJ?
"Well, I'm taking a few days off to sit in a lake and do some yoga and meditation and non-thinking. Then I'm coming back next week, badder than ever, with a new sponsor - my homeboys at Forbes.com."
Mr Lyons told the newspaper that the blog was intended as an experiment to find out what happened if a company chief executive kept a blog and told the truth.
The journalist has used the blog to poke fun at many different figures in the technology industry, including Oracle's Larry Ellison, Bill Gates, and Google's Eric Schmidt.
The real Steve Jobs and Bill Gates admitted to reading the blog.
Very secret new Photoshop for the rest of us killer, but can't say more
First UK iPhone review:

Hi Will,

Hope you are good. Just wanted to first thank you for the link and the publicity you have the site since it launch just over a month ago. So far we have had over 5000 hits in the first month. So things have been a little crazy.

Just wanted to let you know that I have posted a review of the iPhone on the site, as we managed to get a play with 2 of the iPhone up here in Glasgow last night. Got to say, I am well impressed.

Thanks for the plugs and if you want any more info on the iPhones, let me know.

Regards

Steve

http://www.iphoneuklaunch.com/
and finally...
Apple cans AppleWorks
AppleWorks declared 'end of life'
Jonny Evans

AppleWorks' last breath was masked by last week's iMac, iLife and iWork announcements - Apple has discontinued the product.
Apple told resellers of the demise of AppleWorks last week, announcing that the software had reached "End of Life" status. It will no longer be sold. The AppleWorks website now directs users to the iWork section of Apple's website.

The original AppleWorks was written by Robert Lissner and released in 1984 by Apple for the Apple II family of computers, and at one point was the biggest-selling software package in the industry.
The modern incarnation of AppleWorks started life as ClarisWorks, written by Bob Hearn and Scott Holdaway.
At one time, AppleWorks was bundled with all consumer level Macs sold by Apple. It reached version 6.0, where it languished since the late nineties.
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