Steve Jobs’ private jet stays grounded for 2nd consecutive quarter

“For the second quarter in a row, according to the Form 10-Q the company filed with the SEC on Wednesday, Jobs — who is on sick leave — received no reimbursement for business use of his Gulfstream jet,” Philip Elmer-DeWitt reports for Fortune.

“Apple’s shares did even better the last time time its CEO was grounded for medical reasons,” P.E.D. reports. “From January to September 2009, while Jobs was undergoing and recovering from a liver transplant, the stock rose nearly 114%.”

Read more in the full article here.

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Steve Jobs is flying again – April 23, 2010
Steve Jobs’ private jet mostly grounded over the last six months – April 24, 2009
Steve Jobs gases up his jet again – November 6, 2008
Apple CEO Steve Jobs is jet-setting again – July 24, 2008

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