Steve Jobs Takes 2nd Medical Leave

Apple Inc (AAPL) Chief Executive Steve Jobs is taking medical leave for the second time since 2004, sending its shares tumbling close to 10% as the surprise revived concerns over the long-term future of the iPhone- and iPad-maker. The news, which was disclosed early on a U.S. holiday when markets were closed, came nearly two years to the date after Jobs first took a six-month break to undergo a liver transplant. Unlike the previous announcement, Apple did not say when Jobs would return, driving up the worst fears about Jobs’ medical condition. – Reuters

Be the first to comment

Leave a Reply

Your email address will not be published.


*

This site uses Akismet to reduce spam. Learn how your comment data is processed.