Apple’s Jobs takes medical leave, shares tumble
Thursday, January 15, 2009 : PermalinkYahoo News - Apple Inc chief and tech visionary Steve Jobs will take a leave of absence till end-June because of health problems "more complex" than thought, backtracking on reassurances, stunning investors and sending its shares skidding 10 percent on Wednesday.
Jobs, a pancreatic cancer survivor, dropped his bombshell in a cryptic announcement on Wednesday — only nine days after he soothed jumpy investors somewhat by saying his dramatic weight loss over the past seven months was due to an easily treatable hormone imbalance. He had promised to remain at the helm throughout his treatment.
Tags: apple, backtracking, bombshell, cancer survivor, dramatic weight loss, health problems, helm, hormone imbalance, investors, leave-of-absence, nine days, pancreatic cancer, seven-months, steve jobs, visionary, yahoo
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