Wednesday, January 14, 2009

Apple Stock

Steve Jobs, the CEO of Apple, is going to be taking a leave of absence. He has a hormone disorder or something, which is apparently slowing him down. He didn't want to divulge any information about it, though, but he ended up having to do so as Wall Street demanded the information in the form of falling stock prices due to insecurity over the company.

All of this makes sense, sure, but what does this mean for Apple stock?

I would think it means the same for any stock- its a crapshoot. Sorry. The market right now is undoubtedly down, so do whatever.

Steve Jobs, I would think, would be back but I have no inside information or anything. However, it strikes me as odd that he would want to conceal his personal illness this much if it were really something harmless.

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