NYT: Steve Jobs suffers immune system issues; appeared increasingly emaciated in recent weeks

ZaggMate“Steven P. Jobs, the co-founder and chief executive of Apple, is taking a medical leave of absence, a year and a half after his return from a liver transplant, the company said on Monday,” Miguel Helft reports for The New York Times. “In his message to the staff on Monday, Mr. Jobs said, ‘My family and I would deeply appreciate respect for our privacy.'”

“Mr. Jobs suffers from immune system issues common with people who have received liver transplants and, as a result, his health suffers from frequent ‘ups and downs,’ according to a person with knowledge of the situation, who agreed to speak on condition of anonymity because he was not authorized to discuss it,” Helft reports. “In recent weeks, Mr. Jobs began a down cycle and slowed his activities at Apple, the person said. Mr. Jobs has been coming to the office about two days a week, and appeared increasingly emaciated, the person said. He frequently lunched in his office, rather than in the company cafeteria, the person said.”

Helft reports, “Analysts said that many investors might wonder whether Mr. Jobs will come back to Apple at all, and trade accordingly. ‘It is natural that investors will expect the worse,’ said Charles Wolf, an analyst with Needham & Company, noting that Apple has a history of ‘minimal disclosure” and “obfuscating’ details about Mr. Jobs’s health. Mr. Wolf said that regardless of whether Mr. Jobs returns to Apple, the company would probably continue doing well for the foreseeable future, though its long-term prospects are a matter of speculation. ‘Right now Apple has a management team that is one of the greatest in American business,’ Mr. Wolf said. ‘Whatever trajectory the company is on will continue for two to five years, regardless of whether Steve comes back.'”

Full article here.

19 Comments

  1. I’ve often wondered if his vegan diet plays a role in this since it is becoming more established that lectins from legumes and gliadin and glutenin from grains are likely major triggers for auto-immune responses by the body. Nevertheless, I hope he can overcome this. Best wishes and a speedy recovery, Steve.

  2. The stock will tank- you can count on it. At that point, it will be time to buy (the question, of course, is how long to wait before buying).

    Apple is going up and up with or without Jobs (at least for the next few years). They will weather this…

  3. I simply don’t TRUST the New York Times. They are such publicity whores, this story is most likely made up.

    The great “speaking on condition of anonymity” clause, which often translates to, “I needed a source when I pulled this out of my ass”.

    As proof – I’ve spoken to several friends (former colleagues) who work at the Cupertino campus – they do not concur.

  4. This man is the heart and soul of Apple and you don’t want to talk about it? I have (what to me is), a lot of money in Apple and I want to know what is going on. Plus, I care a lot about Steve as a person. I don’t intend to knock on his door myself, but I’d like people in the know to keep me somewhat informed without harassing him or his family.

  5. Steve is gone and so is Apple. I knew it was too good to last. The hedge fund managers are already to close out their Apple accounts and by the time the market closes on Tuesday, Apple share will be practically worthless. It’s hard to believe a company can fall so quickly.

    The iHaters were hoping that Steve would die and the company would collapse so the computer industry would return to Microsoft. They got their wish. It’s merely a matter of the survival of the fittest. Apple is worth next to nothing without Steve Jobs. Talk of his imminent death won’t help matters one bit.

  6. On Tap:

    1. Best xmas quarterly report of any company ever
    2. iPad II – continues the iPad world conquest
    3. iPhone 5 release – continues to sell like hot cakes
    4. Verizon sales numbers prove to be bombastic
    5. Apples continues growth and fire on all cylinders

  7. I’m betting Apple has held onto it’s big war chest of money for just such a problem: investors pulling out upon hearing of Steve being gone (can’t bring myself to use the “d” word). If investors pull out Apple will need that stashed money (that “experts” keep bitching at them to give to investors). That stored money will save them by giving them the money to continue to pay top notch creatives, and fund innovation until they can prove they can stand alone without Steve and the stock takes off again.

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