Jobs health rumor hits Apple stock | Macworld

Jobs health rumor hits Apple stock | Macworld:


Apple’s stock fell abruptly on Tuesday, but later recovered some ground, after an online report said CEO Steve Jobs bowed out of next week’s Macworld Expo keynote address because of declining health.

In a report it labeled “rumor,” the gadget blog Gizmodo quoted an unnamed source as saying Apple “is choosing to remove the hype factor strategically” by holding the keynote without Jobs, whose “health is rapidly declining.”

Now, it’s not going to happen, but wouldn’t it be fun to watch the circus if the SEC were to contact a site like Gizmodo with a letter of inquiry about the sources for this rumor to investigate whether they were doing this to manipulate the stock price?

You might also want to read:

  1. Technovia: Steve Jobs’ health: How much should Apple reveal? If a senior executive has a serious health issue, one that may affect his ability to maximise shareholder value, his duty is to report it...
  2. Steve Jobs Steps Down Temporarily For Health Reasons (AAPL) CEO Steve Jobs will take a medical week of absence until the end of June. Apple COO Tim Cook will take over for Steve Jobs...
  3. This is not a rumor. This is a “what if?” I had a thought today while out walking; it’s nothing more than that. Just tying together three or four random things that all seem to...
  4. The many rumors of Apple’s final Macworld » VentureBeat The many rumors of Apple’s final Macworld » VentureBeat: The Macworld Expo, formerly the most anticipated Apple event of the year (before Apple kicked out...
  5. Jobs I wish I could have taken at Apple (Apple Post-mortem, part 2 of some number….) (more discussion about Apple now that I’m no longer an employee and no longer having to worry about what I say quite as much…. see...

  • garden grouch

    Actually I think they should investigate. Part of our current national financial situation was due to a lack of regulators doing their job. And if Apple has been keeping this a secret I hope they swing from the yard arm. I just don’t see them taking such a huge chance keeping something like this secret given the consequences to stockholders many of whom are employees & execs.