Jobs Taking Leave from Apple – Analyst Blog
Zacks Market Commentaries (January 14th, 2009) Writes:
It has been reported that Steve Jobs, CEO and co-founder of Apple Inc. (AAPL) will take a 6-month leave of absence from his responsibilities at Apple.
His health has been a matter of concern for some time, and conjecture about it has had an impact on the stock price. His hormone deficiency is apparently more serious than previously indicated.
Apple is a large company. Its strategies and "road map" have been in place for some time. Its management has depth, since Steve Jobs has not been the COO for many years. I would not expect any significant impact on revenue or profits due to his absence.
The company has prospered with new products every 5 or 6 years. Since the iPhone is two years old we would not have expected a new direction from Apple until 2010.
By then we should know more about his health.
Read the full analyst report on
...Apple Inc, Blog, hormone deficiency, Steve Jobs, Stocks to Watch, Zacks Market Commentaries


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