Dear Apple Obsessed, I'm FINE. Now Get Your Own Life, You Vultures.
Apple (AAPL) shares spiked this morning after Steve Jobs acknowledged that he’s suffering from a “hormone imbalance” that has caused his rather dramatic weight loss, but said he’s healthy enough to continue as the company’s CEO. At market open today, Apple was trading up well over four percent on the news, which seems to have allayed investor concerns over Jobs’s health–for the time being.
Said ThinkEquity analyst Vijay Rakesh, “It’s very positive that he came out and said this. I think it does put to rest all the speculation on his health and I think people will now start to focus on the business. I think obviously this is very good for Apple and the stock because Jobs has been an innovator. He steered the company into a lot of new products. There was speculation about Macworld. There was speculation that there might be a more sinister announcement post-Macworld, and obviously this puts to rest a lot of it.”