Most likely you have seen one of the dozens of Apple commercials for their various popular products. If you haven't, you must be living in the stone age. Did you ever think about how much money they are actually spending on those ad campaigns? Well, we did a little digging and found out.
Apple has spent nearly $1.3 billion dollars in the past 3 years. Almost half of that was spent in 2008 alone ($468 million). Microsoft has only spent $300 million to pump up their products. Do you think that's enough? Do tell.
Yesterday morning CNN's iReport website announced that Steve Jobs was admitted to the hospital due to chest pain. This was according to a "citizen journalist". When asked about the ordeal, Apple flat-out denied the rumor was true. So, the short answer to if he is in the hospital is, no.
Apple stock fell 5.4% after the announcement on iReport from user, "johntw". They claimed that Mr. Jobs had a "major heart attack", which was the cause for the hospital stay.
Later in the day shares of Apple stock went back up, by $3.53 to $103.63.
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US $810.00
