Steve Jobs Palm: Apple’s Steve Jobs Faced Off Against Palm

Page 1 of 2

Steve JobsSteve Jobs Palm: Although former Apple Inc. (NASDAQ:AAPL) CEO Steve Jobs has left the earth, his legacy will live on forever. Sometimes in a good way, sometimes in a bad way.

It is being reported by Reuters that Jobs “threatened to file a patent lawsuit against Palm if that company’s chief executive didn’t agree to refrain from poaching Apple employees.” This information was based on a court filing made public yesterday.

Why didn’t this information make its way to the public sooner? Here is a brief explanation from the Reuters article that helps clear things up:

“The communication from Jobs surfaced in a civil lawsuit brought by five tech workers against Apple Inc, Google Inc, Intel Corp and others, alleging an illegal conspiracy to eliminate competition for each other’s employees and drive down wages.”

“The defendant tech companies have attempted to keep a range of documents secret. However, U.S. District Judge Lucy Koh in San Jose, California rejected parts of that request, which led to details of Jobs’ 2007 communications with then-Palm chief executive Edward Colligan becoming part of the public record.”

In short, Jobs was hoping to eliminate competition between Apple Inc. (NASDAQ:AAPL) and Palm for the top tech talent.

Colligan added the following in a sworn statement:

“Mr. Jobs also suggested that if Palm did not agree to such an arrangement, Palm could face lawsuits alleging infringement of Apple’s many patents.”

At this point, it goes without saying that Jobs is unable to speak on the subject. That being said, it is safe to say that Apple will have to come out at some point to defend itself.

Reuters attempted to reach out to an Apple representative for clarification, but could not be reached for comment.

The same article goes on to discuss Colligan’s follow-up in greater detail:

Page 1 of 2
Comments
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months. Our beta is only 1.2 (don't click this link if beating the market isn't important to you).

Lists

The 10 Largest Pharmaceutical Companies In the World

The 10 Most Expensive Android Apps

The 9 Most Expensive Designer Bags in the World

The 7 Most Expensive Real Estate in the World

The 10 Most Expensive eBay Items Ever Sold

The 10 Most Expensive iPhone Apps

The 9 Most Expensive Designer Shoes in the World

The 10 Most Expensive Cigarette Brands

The 10 Most Expensive Law Schools in the US

The 10 Best Wall Street Movies

The 10 Most Expensive Golf Clubs Ever Sold

The 10 Most Expensive Golf Memberships

The 10 Best Disney Characters Ever Created

The 8 Best Foods for Gaining Weight

The 10 Most Expensive Colleges in the World

The 7 Most Memorable Ad Campaigns of All Time

The 7 Most Expensive High Schools in the World

The 10 Electric Vehicles with the Longest Range

The 10 Cities with the Worst Drivers in the World

The 10 Most Expensive Dresses Ever Created

10 Islands to Visit Before You Die

10 Famous Celebrities Who Needed Rehab

The 15 Countries with the Largest Oil Reserves

The 10 Most Overused Excuses in the World

The 5 Best iOS Apps You Can’t Get on Android

5 Companies Damaged By Social Media Blunders

The 10 Most Legendary Blues Songs

The 10 Most Lawless Places in the World

4 Reasons China is a Threat to the US

The 17 Most Sugary Drinks in the World

The 10 Most Ruthless Rulers in History

The 10 Greatest Generals in History

Top 8 Travel Destinations for 2015

The 10 Safest Dog Breeds for Children

The 10 Most Stolen Vehicles in the US

The 7 Most Expensive Celebrity Weddings

The 10 Best LoL Teams in the World

Top 10 Worst Marketing Campaigns Ever Produced

Top 5 Diets that Help You Lose Weight

The 10 Best Ways to Stay Awake

7 Artists That Switched Musical Genres

The 10 Most Expensive Cities to Live in New Jersey

The 10 Best High Schools in New York

The 10 Countries With the Least Gender Inequality

The 6 Biggest Musician-Manager Feuds

The 10 Countries with the Cheapest Gas Prices

The 7 Most Theatrical Bands of All Time

The 8 Worst Band Breakups of All Time

The 10 Most Important South American Leaders

The 7 Most Successful Casting Show Winners

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!