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UberTrader
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Via: Steve Jobs' Illness No Longer a Mystery | Green Business | Reuters The Wall Street Journal pulls no punches, slapping news that Apple founder Steve Jobs underwent a liver transplant at the top of the front page (no banner). The question of Jobs' health has long troubled investors, journalists, and Apple (AAPL) fans the world over. No longer: "The chief executive has been recovering well and is expected to return to work on schedule later this month, though he may work part-time initially," the paper reports. In Jobs' stead while he is working part-time, Tim Cook, Apple's chief operating officer, may take "a more encompassing role." Cook is also likely to be appointed to Apple's board in the "not-too-distant future." Jobs has been on medical leave since January, though he never divulged what was ailing him. The move has since drawn ire from investors whose thinking is that Jobs' health is central to the health of the overall company. To watch video commentary from Fortune on how Jobs' health affects the company, click here. "In this case, it is unclear whether the surgery is material because Mr. Jobs was already on leave," the Journal says. The transplant took place about two months ago in Tennessee and is one application we're hoping works with his operating system. Ba-da-ba. |
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I read this article when it was linked to at Gizmodo. The author seemed to imply a possible spreading of the cancer. My co-worker has pancreatic cancer, I remember him being thankful it didn't spread to any other organs (like the liver). But wouldn't it have had to spread to the stomach first? (I'm not a doctor, not a nurse, EMT, or even athletic trainer, so maybe I should shut up) Not that it has spread, it could just be the treatment he had was toxic and burnt his liver out.
I think this has to affect AAPL negatively short-term. Having run up 60% in the last three months and the lukewarm reaction to the 3G S, well, opinions are like @$$holes, but I see a pull back. |
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