Presidential campaign strategist David Axelrod has a 488-page memoir, “Believer: My 40 Years in Politics,” which is due out Feb. 10 from Penguin Press.
An advance copy was obtained by the New York Daily News and an excerpt includes:
In 2007, Obama got a sneak peek at the iPhone during a private meeting with Apple’s Steve Jobs. “If it were legal, I would buy a boatload of Apple stock. This thing is going to be really big,” Obama said after the meeting.
Steve Jobs publicly unveiled the iPhone on January 9, 2007. It went on sale on June 29, 2007. Assuming that Jobs showed iPhone off to Obama sometime between those two dates, not prior to the Jan. 9th public reveal, AAPL prices ranged from $11.22 to $16.70, or an average of $13.96. 10,000 shares of AAPL purchased for $139,600 are worth $1.2 million today.
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