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BRIEFLY

Jobs lowered his stake in Apple Computer to 3.5%.

December 30, 1985

Steven P. Jobs, former chairman of the Cupertino, Calif.-based company, cut his stake from 5.59% in the firm that he helped found. The reduction was disclosed in a Securities and Exchange Commission filing. As of last July, Jobs was Apple's largest shareholder, owning about 10% of the company's stock. Jobs resigned as chairman of the company in September.

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