Disney CEO Iger buys $1 million in Apple stock after joining Apple Board

“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.]

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