Yesterday, we reported on a rumor floating around that Steve Jobs’ health may be deteriorating. We never believed it, and I hope nobody else did either. The fact that somebody was trying to profit on one man’s health is sickening. This is not the first time this rumor has floated around, and we are sure it won’t be the last. Just like how every few weeks we find out Justin Bieber died in an unforeseen and tragic accident, just to find out he is still alive. The difference between a rumor about a pop star vs a company head is a much different one, however. Some trader can make millions following any news, even fake news.
Wall St. Journal, a source most recognize as a good one, is reporting that Jobs is working as hard as ever for Apple.
The company and Mr. Jobs appear to be going about things in much the same way as they did during his previous medical leave, at the time of his transplant, said people familiar with the matter. During that leave, Mr. Jobs continued to work on Apple strategy and products from home.
While some people at Apple said there was concern about Apple’s future during Mr. Jobs’s previous leave, Apple stock rose 78% while Mr. Cook steered the company through his nearly six-month absence. Mr. Cook’s performance then has made Apple employees more secure about his taking the reins again, said people familiar with the matter. One of these people said Mr. Jobs often worked from home even before his leave.
Apple fans and AAPL investors can rest at ease. For the meantime, we hope for Jobs return to the best of health as quickly as possible.
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