The CEO of Apple; Steve Jobs is set to take medical leave after he was diagnosed with a form of cancer. The CEO of the company has been running Apple for a number of years and has recently survived a rare pancreatic cancer. He is now set to take some time out from the company in order to aid this recovery from the disease.
The news that the CEO was actually taking time out from the company was done today, on a US public holiday which is thought to have been in order to stop share prices for the company form falling. The trading price of Apple in Frankfurt on Monday in after-hours actually fell by around $22 which is around 9% of the value of the company. Steve Jobs took a similar leave a couple of years ago and after which, the share price for Apple fell by around 10% on the US stock market.
It is unknown how long Steve Jobs will actually take leave for but whilst he is away, Tim Cook is expected to take over the day to day running of the company and this has caused major concerns for investors. Apple executives have not provided any information as to the reasons or the length of absence that Steve Jobs is expecting from Apple but it is thought that it could be quite some time. Tim Cook has been with the company for a number of years and it is expected to do just fine.
Check Out These Too:
- Apple iPad and Tablets Set to Replace Laptops Apple is one of the most innovative companies out there in terms of electronic items and over the past few years, we have seen a lot of innovations from them.…
- How to tell the iPhone 5 is coming soon There are a lot of rumours at the present time regarding the iPhone 5 after it was found that Steve Jobs; the previous CEO of Apple actually stopped the iPhone…
- Apple See’s Huge Profits but Shares Fall Apple, the company behind many popular electronic devices including the iPhone and the iPod Touch devices has seen a huge boost in profits. The company posted their results for the…
- Why China has not its own Steve Jobs While millions of Chinese fans of Apple have complained about the disappearance of Steve Jobs, some of them have posed the question: why China has not its own "Steve Jobs"?…
- Apple Files For new Smartphone Glass Patent For the longest time Apple and other smartphone manufacturers have been struggling to find screen materials that would not crack and would not scratch when used. Gorilla Glass has been…
- Apple beats Blackberry in Smartphone sales For a long time now, Blackberry has been one of the most popular Smartphone’s on the market and they are manufactured by a company named RIM. One of the things…
- Apple Is Closed On Wednesday In Honor Of Steve Jobs Yet another Steve Jobs post. I guess a few posts about Steve Jobs would never be enough so here's another one. We have already announced that last Sunday, October 16…
- iPhone 4 Available from China Unicom Today For current users of the iPhone 4 in China, or those who live in the country and were thinking about getting one of the new devices, this could be great…
- Steve Jobs Dies at 56 Steve Jobs, Apple's founder as well as the man behind the creation of the iPhone, iPad, iPod, iMac, and iTunes, has died at the age of 56 years. So far…
- Could the Apple iPhone 5 be launched in September? The iPhone is one of the most successful phones of all time and it has completely revolutionised the mobile phone market. With the last addition of the iPhone from Apple;…
- Apple in iPad Trademark Dispute Apple is well known for many electronic products that have revolutionised the industry and one of the most recent products that Apple has released is the iPad device. This is…
- HTC Vs. Apple Updates Okay, so today we're going to sit back from all the posts regarding Steve Jobs and get back to business. Anyway, Apple is back in business and its operations have…
- Apple Deny Playboy App in App Store There has been a rumour going around over the last few days that Apple was actually going to let the Playboy app in their app store. This rumour emerged after…
- Apple to start using Taiwan Company to Produce Processors Apple has a lot of products on the market at the moment that are using some of the best processors around at the moment. For example, all of their Macbook…
- iPhone in Medical Application iPhone is also doing very good job in medical fields. It gives a clear description of both common and complex EKG findings. Sample ECGs are also present for easy reference…
- Apple Planning to buy Memory Chip Company Apple is apparently in the process of acquiring another new company which will likely help boost the company in a variety of different ways. Apple has always been working hard…
- Apple after Steve Jobs Unfortunately once with the death of Steve Jobs, Apple has remained completely without the creative spirit that has made from Apple the company that it is now. It is true…
- Apple likely to create bigger iPod Touch instead of netbook,… It seems Apple is likely to push deeper into low cost mobile computer system and they may release a larger version of iPod Touch player in 2010 instead of creating…
- Apple to Launch iPad 2 on February 9 There have been a lot of rumours over the last few months as to when and whether or now Apple are actually going to release the next version of their…
- Steve Jobs wanted to use Intel processors in iPad The development of iPad tablet was probably one of the most important projects made by Steve Jobs in his entire career at Apple and in the authorized biography released yesterday…
- Samsung And Microsoft Teams Up Against Apple Apple has been working overtime making sure that their consumers are getting only the best quality of technology that they could offer. Aside from that they are also hearing out…
- Apple CEO Steve Jobs Takes $1 Salary Apple is now one of the largest companies in the world and they have a wide range of premium products that have attracted hundreds of thousands of users overt eh…
- Apple Removes Adobe Flash from their Mac’s Apple is one of the most well known companies in the world when it comes to technology at the moment and over the last few years; they have been responsible…
- First Apple Computer Sold for £130,000 Today, Apple is one of the most well known companies in the world and they have a range of products that is extremely extensive and are well known throughout the…
- Should You Buy An IPhone Now, Or Wait For The Next Version? You may have recently gotten information from your mobile phone company about getting the iPhone 5 for just $99 – companies like Verizon and AT&T Wireless have recently been offering…
- Apple Supplier Employees Threaten Suicide Apple’s biggest supplier, Foxconn, has a less than great history when it comes to workers and their pay rate. This week another bit headline came out as a large group…
- Apple on Track to Become First Trillion Dollar Company Apple is a huge company and we have known that for quite some time. Now it looks like, thanks to their continuous and rapid success, Apple might become the world's…
- The Yammer App for the iPhone Do you manage an office and want a way for all of your employees to share documents with each other and communicate with each other, without having to sort through…
- Steve Jobs to Release Biography Steve Jobs is one of the most well known faces in the world, largely due to the success of his iPod and iPhone devices over the recent years. Despite his…
- Apple release iOS 4.2 Update for iPhone and iPad Apple is always striving to improve the usability of their products and often, they release new version of the firmware that runs on the devices in order to improve the…
I wish him the best of luck in this. He has a tough road ahead.
If there is anything positive here, it is this: You can bet your bottom dollar that
Steve Jobs is doing the best he can to fight this thing and kill it.
He is a tech savvy individual who has all the money in the world.
I hope that, with his resources, he can find a cure for this.
He is a visionary and a true genius. We need him to stick around
and for a long time.
And for those who have negative comments, you should be ashamed.
Steve Jobs has shaken the computer industry and put some creativity
and innovation back. And that’s what users wanted.
And that man is now sick. So, let’s try to be civil and not barbarians.