Police said a burglar stole the wallet of the late Apple Inc. (Nasdaq: AAPL) Chairman Steve Jobs on July 17, when he broke into his empty residence in Palo Alto, Calif. The wallet had $1 inside along with Jobs's California driver's license.

A report by the San Jose Mercury News said Kariem McFarlin, 35, was charged with the burglary after he was arrested earlier in August on charges of using various Apple devices stolen from the Jobs residence to connect to the Internet.

McFarlin allegedly stole $16,000 worth of jewelry along with iPhones, iPads, iPods and Macs along with Cristal Champagne, the police charged.

The police said the suspect said he saw a letter addressed to Jobs during the incident. McFarlin's public defender declined comment.

Jobs, 56, died in the house last Oct. 5.

Apple shares rose $1.12 to $632.81 in Wednesday trading.