Join Steve Jobs in His Largest Holding: Disney
Marc Chaikin submits:While Steve Jobs’ Apple (AAPL) shares are worth more than $1.85 billion, his holdings in The Walt Disney Company (DIS) exceed $5.6 billion. So while there has been much speculation about the impact of Jobs’ health-related sabbatical on Apple stock, it is perhaps equally valid to ponder the impact he has had as the largest shareholder and a board member of Walt Disney.The parallels between Apple and Disney are interesting. When he sold his company Pixar in 2006 to Disney, Jobs effectively became Disney’s largest shareholder, with approximately 7% of the company stock -- four times more than the-then second-largest shareholder, Michael Eisner. As part of the company’s board of directors, Jobs has helped oversee Disney's and Pixar’s animation business until now, and he intends to remain on the board during his sabbatical from Apple.We thought that a more in-depth look at Disney would shed light on whetherComplete Story »
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