Friday, February 18, 2011

Apple Shares Drop As Steve Jobs' Health Worries Escalate

Shares of Apple Inc. (NASDAQ: AAPL) dropped more than 1.5% on Friday after Indo Asian News Service reported that Steve Jobs may live only six more weeks. The National Enquirer on Thursday published pictures that purported to show Jobs arriving at the Stanford Cancer Centre in Palo Alto, California. Jobs, 55, a high-tech visionary who has come to embody Apple’s turbulent history and some of the industry’s most cutting-edge products, stepped away from the company on medical leave last month. It was the third time in seven years that he has taken time out because of health reasons. Apple has refused to provide any details on Jobs’ health, comment on the recent reports or say when he might return from leave. Stay tuned for more.

Full Disclosure: None.
Related Posts with Thumbnails

Wikinvest Wire