Disney boss buys Apple stock

Apple’s newest board member, Walt Disney co-chief executive Bob Iger, bought about $1m (£640,000) worth of the iPhone maker’s shares earlier this week, a symbolic gesture of confidence in the prospects of the company. Iger, who was appointed to Apple's board in November, bought 2,670 Apple shares on the open market on Tuesday at an average price of $375 each, according to a US SEC filing.