The New York Post dredges up ‘concern’ over Steve Jobs’ health on day of earnings report

“Industry concerns about Steve Jobs’ health have not gone away more than a month after the Apple CEO appeared dramatically thinner at the firm’s annual developers’ conference, fighting what insiders at the time were calling a ‘bug,'” Brian Garrity and Peter Lauria report for The New York Post.

“Apple is due to report earnings today, but many investors and analysts remain as interested in news of the condition of the tech titan – who is a survivor of pancreatic cancer – as they are in the numbers themselves.
‘Apple’s hedge fund investors are very worried,’ said a Wall Street source who has spoken with some of the company’s stakeholders,” Garrity and Lauria report.

MacDailyNews Take: We imagine there was more from the same “Wall Street source.” Such as, “Also, I have a vested interest in seeing Apple’s stock price move down at this time.”

Garrity and Lauria continue, “After the conference in June, Apple reps blamed Jobs’ weight loss on an unspecified illness that required treatment with antibiotics. Since then, there’s been no update on his health, and company officials now are not commenting on it despite repeated requests. Multiple sources who have met with – and in some cases even dined with – Jobs in the weeks surrounding the introduction of the iPhone 3G on July 11, said they came away troubled by his thin appearance.”

Garrity and Lauria report, “One investor polled by The Post acknowledged to recently selling down his stake by ‘a few million shares’ as a hedge in case any more bad news comes out about Jobs’ health.”

MacDailyNews Take: Are you getting the message, yet?! Garrity and Lauria certainly know their audience. They need to hit their “readership” with it over the head repeatedly in the vain hope that something sticks. In other words: If you’re reading The New York Post “Business” section for actual “business” news, stay as far away from investing in individual stocks as possible.

Garrity and Lauria report, “Part of the reason for the concern over Jobs’ health – aside from genuine sympathy – is that Apple has no succession plan in place.”

MacDailyNews Take: Half truth. Make that “Apple has no publicly-announced succession plan in place,” and you have the whole truth.

The full hit piece, timed perfectly to today’s earnings announcement, Think Before You Click™, here.

MacDailyNews Take: You-know-who would be proud, if he’s not the Post’s “Wall Street source” himself.

[Thanks to MacDailyNews Reader “JES42” for the heads up.]

35 Comments

  1. Thank you for your insensitive pack of lies. You’ve been hanging around here of late baiting us into a phlegm war. There’s just one small problem: you won’t succeed. A suggestion: if you are going to try to be a troll, please try to apply some deeper thought and originality. At least make it interesting. Otherwise, picking on you would be no fun.

    Behind my house is a stand of woods. I see all kinds of wildlife, from deer to coyotes, to mountain lions, hawks, owls and other animals. I’ve been fascinated by what happened to a hawk when it tried to disrupt the woods. At first, it terrorized smaller animals. Then before long, the crows appeared. The hawk might have been vicious, but the large number of crows eventually forced it off, and the hawk flew away.

    The same thing will eventually happen to you.

    Have a nice day.

  2. The more you fanbois “ignore” me with your numerous pathetic posts, the more I realize what an incredibly stupid and delusional lot you are.

    Who better to demonstrate the nonsense and idiocy of fanbois that fanbois themselves.

    Thank you!

  3. @History Lesson

    Stop it. We all know you’re really Aaron Burr masquerading as some unbiased history buff. Just because Hamilton tricked you into shooting him doesn’t mean you have to saint Thomas Jefferson.

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  4. I don’t respect people who count and focus on money, stock prices, etc. for a living- just like I have a problem with lawyers and politicians. It is despicable that there are those who use the status of a man’s health merely to play their money game. Legitimate concerns, yes… But for people to come out and bring up the subject of Jobs’ health, or proclaim that Obama would be bad for the economy, are taking us for a ride and obviously also have another agenda.

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