6 Things You Didn’t Know About Steve Jobs and Apple

1) Not A Single Downgrade Today

Jobs' resignation is arguably the worst news out of Apple (AAPL) in years and the Wall Street crowd didn't even blink. 49 out of 51 analysts currently rate Apple a "BUY" with an average price target of $497 a share (according to Factset Data), which is roughly 32% above yesterday's closing price. The Jobs shocker was met not with a flurry of downgrades and panic selling, but rather with a chorus of reiterations and calls to buy on any weakness.

2) Jobs' Stake in Disney Is Twice As Big As His Slice of Apple

As a result of his Pixar sale, Steve Jobs owns 7.4% of Disney (DIS), or 138 million shares, worth roughly $4.5 billion. At the same time, his latest disclosed stake in Apple of 5.5 million shares, represents roughly 0.5% of the total float and is worth about $2.1 billion. His stake in Apple doesn't even make him a top 20 shareholder. In Disney, Jobs' is the top shareholder. His stake is way above Fidelity, Blackrock, State Street, and Vanguard which own chunks ranging from 3 to 4.5%.

3) Apple Gets Sued Almost Every Day

When you have grown to $350 billion in market value with a massive global reach, it is safe to say that you are a large target with deep pockets. In just August alone, 13 lawsuits have been disclosed pertaining to privacy violations in South Korea, class action in the US, numerous patent challenges, as well as a claim of price fixing.

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