“Newly appointed Apple board member and Disney president and CEO Bob Iger purchased 2,670 shares of Apple stock on the open market, according to a filing with the SEC,” Jordan Golson reports for MacRumors. “The average purchase price of the shares was roughly $375, valuing the purchase at $1,001,250.”

Golson reports, “The large open-market purchase shows Iger’s faith in the future of Apple.”

Read more in the full article here.

[Thanks to MacDailyNews Readers “Lynn Weiler” and “Lava_Head_UK” for the heads up.]