Apple Inc shares recover following Steve Jobs statement

Apple Inc have got on to a good start for 2009, the company’s shares have gone up following the statement from Steve Jobs about his health. Investors are relieved that the father of the Macintosh is not dying of cancer, after months of rumors over his health.

Steve Jobs has said that his cancer is not back, and his poor health is the result of a hormone imbalance, which is starving his body of proteins. This illness is the cause of Jobs severe weight loss; he has started his treatment and is expected to make a full recovery.

Apple Inc shares have increased by more than 4 percent since the news, last week shares fell over cancer worries for Jobs. Steve Jobs is described as the most influential man in consumer electronics and computing, and anything that happens to him in his life has a serious effect on Apple Inc, as he is the grease that keeps the wheels moving.

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