Steve Jobs is taking another medical leave as he announced on Martin Luther King day but this time the co-founder and CEO of Apple has not given any set time period like the last one.
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Steve, 55, made the announcement during the US holiday where there was no US stock trading but over in Europe the Apple stock took a dive because of the news.
“When, or perhaps that should be if ever, will Jobs return and what does it mean for Apple?” is question of the day. Later, after the stock market closes, Apple plans to announce holiday quarter earnings results.
The Apple share has climbed so high so fast. Jobs took his last medical leave two years ago this month. Apple shares traded for $82.33 on Jan. 16, 2009 and jumped four folds: closed on Jan. 14, 2011 at a 52-week high of $348.48.
Apple shares fell nearly 10 percent on the Frankfurt exchange before closing down by more than 6 percent. Will US investors similarly respond once the US market re-opens in a few hours, or will a day to think things over and the promise of strong holiday quarterly sales mollify their worries?
Why am I talking about Apple stock when I’m supposed to be a gossip columnist? Well because I love my iphone, ipad, ipod everything “i” and I can’t wait till Facebook goes public because I’ll for sure get on board. Why am I talking about Facebook when I’m on Apple? Because both companies are ran by geniuses.
Next we’ll talk Paris Hilton.. something fun anyway.
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