The Register® — Biting the hand that feeds IT

Feeds

Steve Jobs is 'cancer-free'

Rumours of ill health greatly exaggerated

Magic Quadrant for Enterprise Backup/Recovery

Apple chief exec Steve Jobs has been able to assure its board that he's cancer-free, four years after undergoing surgery to treat a rare form of pancreatic cancer.

Jobs told associates that his recent weight loss is due to nutritional problems resulting from the surgery, The New York Times reports. The paper adds that he went under the knife again earlier this year to address these complications.

The 53-year-old's gaunt appearance at a conference announcing the launch of the 3G-version of the iPhone last month sparked off rumours of ill health partially blamed for a fall in Apple's share price. Official accounts that Jobs was taking antibiotics in response to a "common bug" at the time of the launch failed to quell concerns.

The issue surfaced again during a conference call on Monday when finance chief Peter Oppenheimer described Jobs's health as a "private matter".

Apple's stock dipped as much as 12 per cent on Tuesday prior to recovering to close at $162.02, 2.6 per cent down on the day. Sales projections that disappointed Wall Street were seen as the main reason behind the drop, but doubts about the health of its chief exec may also have played a part.

Apple's shares rebounded to $165.67 in early trading on Wednesday, much the same price they started the week on.

Jobs's design and marketing savvy is seen as a key factor in Apple rejuvenated fortunes since he rejoined the firm as chief exec in 1997. It seems like ancient history now, but prior to the launch of the iPod, Apple was seen as a declining brand. ®

Magic Quadrant for Enterprise Backup/Recovery

Latest Comments

@ TeeCee

No, I'M Webster Phreaky!

I hereby demand that El Reg substitutes "Webster Phreaky" for "Anonymous Coward" when anonymous comments are posted. Purely because it amuses me very much indeed.

0
0

Is this the end, when two worlds collide?

"Christ you couldn't use a 5 year old PC laptop for anything other than a doorstop these days" - this is not true. I use an eight-year-old laptop as a bedside table; it keeps books and things at just the right height. Also, it makes a handy flat surface for lines of cocaine, etc.

0
0

Re: Webster Phreaky

I appear to be in some strange place where Webster Phreaky is actually Spartacus.

I need a drink.

0
0

More from The Register

 breaking news
BBC-featured call centre slapped with hefty fine for unwanted calls
PPI pests: Swansea-based firm stung for £225k by ICO
Microsoft to open Windows Stores inside 600 Best Buy locations
Product showcases 'must be seen to be believed'
Author Iain (M) Banks falls to cancer at 59
Misses the release of his final work
 breaking news
What did the Lehman Brothers implosion look like to a techie?
Insider tells all about the Gnab Gib at Lehmans
It's official: 'tweet' an English word – not just in the avian sense
If the Oxford English Dictionary says it is so, then it is so
 breaking news
The only Waze is Google: Ad giant tipped to gobble map app 'for $1.3bn'
Pac-Man-satnav-ish upstart in bidding war with Apple, Facebook
 breaking news
1-in-10 e-tomes 'are self-published'... most are 'rubbish' says book ed
Publishing man scoffs at go-it-alone writers, ursines still fouling in forests
 breaking news
Facebook RSS reader said to uncloak June 20
Secret event scooped by Scottish developer?