Morgan Stanley analyst, Kathryn Huberty, released some rather interesting notions about Steve Jobs’ flying time to us back in late February. She notes that a dramatic increase of his plane travel expenditures may be an indication that the Apple machine may be in motion.
Apple had spent $550,000 in air travel expenses during the december quarter, three times the average of the previous six months. Yet in the the March quarter expenses had been down by 95% despite closing deals with international mobile carries. Silicon Alley Insider provides some possible explanations for this decrease, citing:
“Either Jobs did all his flying for these deals during the December quarter, or the Vodafone, Telecom Italia, and America Movil guys flew to Cupertino, or they didn’t start working on these deals until April 1, or Jobs is flying United (UAUA) on business, or the Apple plane reimbursement numbers mean nothing at all!”
