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April 29, 2006

No Magic Kingdom for Steve Jobs

Apple CEO Steve Jobs said Thursday he had no interest in becoming an executive at The Walt Disney Co., which will soon complete its acquisition of Jobs' other company, Pixar Animation Studios. In fact, Jobs told shareholders he plans to spend more time at Apple after he relinquishes his chief executive job at Pixar when the studio's merger with Disney closes in two weeks. Disney's upcoming, $7.4 billion purchase of Pixar will land Jobs a seat on the Disney board and make him the company's largest shareholder.

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Posted By: Figment! @ 5:45 PM | permalink

 

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