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In 1997, Apple Stock hit a 12-year low in that was at least partially caused by a single sale of 1.5 million shares ($22.5 million) by an anonymous party. This helped Jobs convince the board to oust CEO Gil Amelio and appoint him as the replacement. Jobs was revealed to be the anonymous party
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In 1985 a private party sold 1.5 million shares of Apple causing a 12-year low. This helped Steve Jobs in a proposal that Apple oust CEO Gil Amelio and he become the replacement. It was later revealed that the privately sold 1.5 million shares (over $60B today) was sold by Steve Jobs.
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In 1997, an "anonymous party" sold 1.5 million shares of Apple stock, causing Apple to hit a 12-year low in stock price. That event lead to then-CEO Gil Amelio stepping down and placing Steve Jobs as new CEO of Apple. That anonymous party was later revealed to be Steve Jobs himself.
