Apple Co-Founder Wozniak Will Buy Facebook At Any Price

It doesn't hurt that the social-networking giant is his current company's biggest customer

   
Apple Co-Founder Wozniak Will Buy Facebook At Any Price

On Friday, Facebook launches its mega IPO, which will attract huge interest from retail investors. One of the most notable will be Steve Wozniak, who co-founded Apple (NASDAQ:AAPL). He says he’ll buy shares at any price, according to an interview on Bloomberg Television on May 12.

Keep in mind, however, that Wozniak is now chief scientist at Fusion-io (NYSE:FIO), a high-end flash-memory company whose biggest customer is Facebook — the social-networking giant provides more than a third of Fusion-io’s revenues. Oh, and FIO’s No. 2 customer is Apple.

Wozniak thinks Facebook’s CEO and co-founder, Mark Zuckerberg, is a unique leader. Basically, he believes he has the right mix of technical smarts and business savvy — even comparing him to Steve Jobs. That’s a big-time compliment coming from someone like the legendary Wozniak.

– Tom Taulli, InvestorPlace.com


Article printed from InvestorPlace Media, http://investorplace.com/2012/05/apple-co-founder-wozniak-will-buy-facebook-at-any-price/.

©2014 InvestorPlace Media, LLC

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