High Stakes Wake Up Apple Inc. (AAPL)’s Ex-CEO From His Grave: Scarlet Fu

Apple Inc. (NASDAQ:AAPL)‘s ex-CEO, Steve Jobs, might have passed on to the next world, but he continues to battle for his company. On Bloomberg Betty Liu discussed the appearance of the late Steve Jobs in the Californian court today, with Matt Miller and Julie Hyman.

“[…] $1 billion lawsuit over Apple Inc. (NASDAQ:AAPL)’s iPod heads to trial today in the Californian Federal Court. A key witness will be the late Apple founder and CEO visionary, Steve Jobs […],” informed Liu.

Hyman believed that it is only going to be Steve Jobs’ emails that are going to make it to the court in order to rid his beloved company of the legal troubles that it is in. However, Miller corrected her, saying that the Apple Inc. (NASDAQ:AAPL) founder will be seen physically, although not in the strictest sense of the word.

“[…] You will see a video deposition of Steve Jobs obviously from when he was alive but it is interesting, you know, I think of iPod as such a dinosaur but there was a time when we were paying a lot for it and also being forced to buy all of our music from the iTunes store […],” said Miller.

The lawsuit is basically an Antitrust litigation against Apple Inc. (NASDAQ:AAPL). The premise is that Apple made its customers pay more for the service by introducing an update which meant that the users could not listen to free music on their iPads, instead they would have to download it from iTunes.

According to Liu, Jobs had argued that he did not put a gun to his customers’ heads and forced them to buy the product. They could always opt for something else that was cheaper and readily available on the market. However, if they wanted his product, they would have to play by his rules.

Let’s see if those rules abide by the U.S. constitution as well.

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