Empirical Evidence of Value in Trade Secrets?

Empirical Evidence of Value in Trade Secrets?

According to an article in the Mac Observor, Apple trade secrets have a market, and people are clearly willing to pay for them.  Paul Shin Devine, a former Apple mid-level supply chain manager, has been charged with selling confidential iPhone and iPod information to Asian parts suppliers. Investigators found over $150,000 (cash) in shoeboxes in his house with over $20,000 worth of foreign currency.

In addition, authorities uncovered “a significant number of accounts overseas.”