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Ex-Apple CFO cashes in on stock sale

Apple’s ex-CFO Fred Anderson, who retired June 1st, has made a bundle on his recent sale of Apple stock. “From June 2 to June 6, Anderson exercised options to buy 500,000 Apple shares for $17.31 each, according to Thomson Financial,” notes Merecury News. “He sold those shares over the same days for prices ranging from $29 to $29.95 each, for a gain of $5.9 million.” Anderson joined Apple’s Board of Directors on June 8th.

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