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The Skinny on Jobs

Posted by Steve Laser on January 5, 2009 – 11:33 am  Share
closeThis post was published 10 months 15 days ago.
It\'s is possible that the information within this article is now out of date or updated.

Everyone’s been wondering if Steve Jobs, the head honcho at Apple, is sick again.  He previously had pancreatic cancer.  The rumors ran rampant again recently, when Apple decided to cancel their appearance at Macworld.  People were wondering why Apple/Jobs didn’t address his situation, feeding the rumor mill even more.  But finally, as reported by Yahoo!, Mr. Jobs has discussed his health:

Jobs, 53, said in a public letter that his thinness had been a mystery even to him and his doctors until a few weeks ago, when “sophisticated blood tests” confirmed that he has “a hormone imbalance that has been `robbing’ me of the proteins my body needs to be healthy.”

Jobs said he will undergo a “relatively simple” treatment and will remain in charge of Apple.

Why is his health so important to everyone?  Simply put, the stock price of Apple depends alot on the confidence consumers have in the company.  With Jobs at the helm the company has done very well.  But fears of his possible departure due to illness would likely cut the stock price severely.  But with the news of his treatable illness Apple stock rose from $3.92, 4.3 percent, to $94.67 in midday trading.

Glad he’s ok.

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