Jobs takes share options out for a jog

ACCORDING TO the San Jose Mercury, Apple chief executive Steve Jobs exercised $14.5 million of stock options this week.

Although Jobs told the regulators about the exercise, he didn't say what form the exercise took.

He probably took them for a brisk walk. With their Ipods in.

Apparently if he hadn't exercised the 120,000 share options they would have expired. And that might have left him short of a bob or two.

A spokesApple told the Mercury that Jobs planned to keep the shares for a rainier day. µ