
Apple’s Steve Jobs to take medical leave: how will stocks react?
By: Peter Chubb | January 15, 2009 | 1 CommentApple (AAPL) CEO Steve Jobs decision to take a medical leave of absence in June could will be a trying time for Apple stocks. A number of analysts are confident that the shares will be able to hold up, but retail investors might think different.
It is not good that one person in a company is the glue that holds them together and the one decision that he makes could affect that company; however Jobs has always been different and he is a founder member of that company and industry experts look up to him.
We all wish Steve Jobs well and hope that he can get back to full health, but this has to be the worst time for the CEO to take a leave of absence. We are now in a recession and we have to wonder if Apple are able to ride the storm without their captain at the helm.
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