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 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 Earns Number 1 Holiday Advertising Spot We told you about Apple’s iPhone 4S ad featuring Siri helping Santa and it seems that we weren’t the only one that liked the ad. Based on user reaction and…
- October 16 Is Steve Jobs Day Okay, so for the final Steve Jobs post for this week's Steve Jobs special, is this news from California. California Governor Jerry Brown jsut announced that he is going to…
- Steve Jobs And Education Okay, so I know I said in my post last Friday that that was the last of the posts about Steve Jobs, but with further reflection, five posts, even ten,…
- Here comes the Steve Jobs Action Figure Steve Jobs is the true icon behind the Apple brand and it is not surprising to see how much many people miss him following his untimely death. Now a company…
- Tim Cook Taking Over One of the reasons why the whole world mourned because of the death of Steve Jobs, is not because they would miss him, but because a lot of people are…
- HTC buys patents from Google to sue Apple Here are the latest Bloomberg report regarding patents war, we say that HTC sued APPLE last week after he bought more Google patents. Apple Inc. is a Silicon Valley…
- 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…
- 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 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…
- 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…
- Apple to launch Mac App Store December 13th According to the latest rumours on the internet, Apple is thought to be planning the grand opening of their Mac App Store for Monday December 13th. Apple are one of…
- What wish of Steve Jobs was not fulfilled by the company The new smartphone from Apple, iPhone 5, will be launched in 2012. Steve Jobs had a desire related to Apple's smartphones that the company did not take into account at…
- 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…
- 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;…
- What Jobs Left Behind: Internet Integrated TV? Steve Jobs is dead. Steve Jobs maybe one of the greatest men in the world when he was still alive but he's gone, and there's nothing we can do to…
- Privacy Panic: Facebook, Google and Apple Spy on… Privacy is always a concern while we spending our time on internet. The more products we use(such as Google, Facebook), the more data they collect about everything we do online—our…
- The best way to Repair Mistakes Seen Over the… The best way to Repair Mistakes Seen Over the Computer Startup company Course of action. - it will seem to be ridiculous that will I've truly composed a few guidance…
- The Steve Job Apple, Copied or Coincidence? One of the characters that Steve Jobs is known for is his uniqueness and creativity. He is just one heck of a genius that no one seems to visualize his…
- Apple Talks To Environmental Groups In China… Our environment's state is getting worse and worse, and somehow every one of us contribute to what is happening now. Although as individuals, our damage is nothing compared to the…
- Apple could use 3D holographic display on iPhone 5 Over the last few years, we have received word of a variety of new patents that have been granted for Apple and this certainly spells exciting things for the company.…
- Apple’s Steve Jobs Launches’ iPad 2 It has been rumoured for a while that the iPad 2 will be released by Apple at some point this year and yesterday, Apple made that rumour come true. During…
- Apple Thought to have bought iCloud.com There has been rumour for a while now that Apple is planning to release their own cloud music sharing service that would allow songs and other files to be shared…
- Apple iPad 2 Event Due Today Every year, Apple always has a variety of new products up their sleeve and in order to let their consumers known about these products, they will hold an event in…
- 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…
- Apple confirms the existence of X Snow Leopard OS In one of the world conference notes from researchers, although dominated by news about iPhone, Steve Jobs gave some information about Mac OS X: namely, that the next version of…
- Apple - Motorola War Is Finished Wow, Apple has been working really hard these past few weeks conquering its enemies one by one, don't you think? As you might remember in our last post, Apple has…
- 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…
- 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…
- Apple Becomes Worlds Most Valuable Brand Many of the products that Apple has released over the last few years have been enough to push the company into a huge amount of success and they are well…
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.