Apple's senior vice president of Mac and iPhone hardware engineering, Bob Mansfield, has sold 99% of his Apple holdings, leaving him with only 501 shares left. The news comes from a recent SEC Form 4 filing which lists Mansfield selling 38,863 shares of AAPL at $351.89 each; total proceeds from the sale are in excess of $13.6 million.
There are two things to take away from Mansfield's sale:
1. It in no way reflects his belief in the future of the company. Mansfield is just a smart investor. Sell high, buy back low. That's just his style and always has been. Plus he gets the usual 15% off employee stock purchase plan shares when he does buy through t
