When someone buys an Apple product right before the announcement of a new/upgraded version of the product that the person just bought.
Essentially, it's Apple fucking you over.
Named after Steve Jobs, CEO of Apple.
Person 1: Dude, you heard about the new iPod touch? It has a damn camera now!
Person 2: Wait, I just fucking got an iPod touch, and you're telling me they just released another one!?
Person 1: Sounds like someone just got a Steve-Job.
Person 2: GOD FUCKING DAMMIT!!!