“Apple Inc. Chief Executive Steve Jobs said he is taking another medical leave, marking the latest health struggle for the head of the world’s most valuable technology company and raising uncertainty over Apple’s future direction,” Yukari Iwatani Kane and Joann S. Lublin report for The Wall Street Journal.
“In a Monday morning email to Apple employees, which the Cupertino, Calif., company released publicly, Mr. Jobs wrote the board of directors ‘has granted me a medical leave of absence so I can focus on my health,'” Kane and Lublin report. “The 55-year-old pancreatic cancer survivor, who received a liver transplant in 2009, didn’t specify what health issue was causing him to take the leave.
“William Chapman, transplantation chief at Washington University in St. Louis, hasn’t examined Mr. Jobs personally, but said there are two likely scenarios in the CEO’s case,” Kane and Lublin report. “The first is that there was a transplant-related problem, though Mr. Chapman said it would be unusual for that to happen a year and a half after the transplant.”
Mr. Chapman said a more likely possibility would be that the neuroendocrine tumor metastasized again. “It’s really difficult to cure the disease with a liver transplant,” said Mr. Chapman, adding that it’s common to have some degree of recurrence. “Most people hope they reset the clock, gained some time and gained a quality of life even if you don’t cure the disease.”
Kane and Lublin report, “In a sign of the uncertainty, Apple’s share price fell on overseas markets Monday. “Jobs is Apple,” one trader said, adding that the CEO has taken the visionary decisions to bring the company where it is today. As U.S. markets remain closed for Martin Luther King Day, Apple shares fell 6.2% to €244.05 ($326.41) in Frankfurt trading. Brian Marshall, an analyst at Gleacher & Co., said he expects Apple shares to fall when trading resumes Tuesday in the U.S. ‘A lot of people will hit the ejection handle and the stock will come under a lot of pressure.'”
Read more in the full article here.
Matthew Campbell reports for Bloomberg, “Jobs’s 2009 liver transplant took place at Methodist University Hospital in Memphis, Tennessee. The surgeon who performed the procedure, James Eason, is an expert in treating recurrences of a rare cancer Jobs said he had in 2004.”
“The cancer, called neuroendocrine tumor, was discovered in Jobs’s pancreas. While the tumor is often slow-growing, it can spread to the liver where it can become life-threatening,” Campbell reports. “Eason said at the time that he had replaced the livers of about 10 people with the rare cancer. Jobs hasn’t said whether his transplant was done to treat a recurrence of the tumor. Eason didn’t immediately return a call placed to his office today.”
Full article here.
MacDailyNews Take: Privacy.
Well so much for respecting his privacy. Is this going to go on all day?
This is going to go on until he’s dead. No disrespect but, that’s the way it is with iconic figures such as he.
Yes, this will continue not just for the day, but maybe more than a month.
There is nothing to do except to contemplate the falling and then the raise of Apple stock. Apple’s fundamentals are strong despite SJ is in command or not.
Long live to Steve Jobs. We are praying for your health and your family. You are a great person of our time and your influence is enormous. Best wishes to you and all my respect and admiration.
MDN calls for Steve Jobs’ privacy, yet continues to post articles that violate Steve Jobs’ privacy anyways. MDN, if you really believed in privacy for Steve Jobs, you wouldn’t be posting these news articles that are speculating into his health issues.
These doctors-for-hire should have their medical licenses suspended. It’s impossible to offer a prognosis without knowing the details. Sure, they kind of know what has happened the past few years, but, outside of Steve’s actual physician(s), have no idea what the circumstances are now. Anything they say is nothing more than a guess, and that’s not something any self-respecting “doctor” should do.
I think this is the end of Job’s tenure as Apple’s CEO. I think he has done a magnificent job and the structure and philosophy are in place to continue with the exemplary work that Apple has been doing up to date.
I hope this “doctor” is wrong. I’d think steve would have developed problems a while ago. Of course he has a new liver, so the other idea that he is just having immune system problems is probably more likely
@MacBill I tend to agree. I know the argument can be made that they’re just passing along things that are already in print, but I would imagine there are a lot of people on here that don’t necessarily read all of the papers that are being linked from MDN. Or the argument that says, “Look at all of these people NOT respecting his privacy” but it’s just weird to post an entire article about someone’s privacy not being respected and follow it up with the MDN Take saying “Privacy.”
You guys giving MDN a hard time for posting the news about Steve are barking up the wrong tree. MDN is not digging into his private life. They aren’t following him around they aren’t grilling his doctors. They aren’t making wild speculation that appears as fact.
What they are calling on is the media at large not to participate in these things, which of course will fall of deaf ears because there’s always some shameless opportunist out there who uses the excuse that it’s ‘their duty’ to find out as much as possible.
And saying they shouldnt be reporting it at all because less people will know? C’mon what fantasyland do you live in that everyone isn’t going to know about this one way or another.
Reporting the news, facts as we know them right now, isn’t the issue. It’s prying into private matters that’s the issue and MDN isn’t guilty of any of that.
@macronomancer You’re right in that it’s not fair to say that if MDN doesn’t re-post stories they’re just going to go away.. because they’re out there and other webpages will link to them. I think I get hung up (I see both sides of this argument and could easily side with either depending on my mood) on re-posting these stories AND being upset that people aren’t respecting the privacy. If you’re (in the case, if MDN) is bothered by it, why give MORE attention to those articles? Why not take a stand and say “We don’t support what these other news sources are doing and we’re not going to have ANY part of it.
Congratulations on respecting Steve Jobs’ privacy.
I for one don’t have a problem with reporting on Steve Jobs, but to a man, they should focus on what is real and important and withhold from the endless speculation and specious what-if scenarios.
Unfortunately, the 24-hour-news-cycle doesn’t work like that. They will make up news to fill the void if they can’t unearth something from Steve himself, and we know he isn’t talking.
The real problem is Wall Street of course and the myriad ways they can make money whether Steve Jobs is coming or going. His health issues are the perfect catalyst for milking both sides from the middle.
The Rag men of journalism on the other hand want to get at the truth; is he dead yet? Wait for another news-cycle to pass and ask they’ll again, isn’t he dead yet!?
He should be dead by now! We can’t go on milking this story forever…. can we?
Meanwhile the coven of Rainmakers of Wall Street are bringing the storm, and then the sun, storm then sun.
Bang the drums slowly while chants fill the air,
if he ain’t dead nobody cares.
Bang the drums slowly while chants fill the air,
if he ain’t dead, we’ll send him there.
Once Steve had his liver transplant, his health was always going to need constant monitoring with ups and downs. The downs are never good, but assuming he’d never have problems after his transplant was silly.
May Steve live long and prosper.
You can’t be a celebrity (or the CEO of the second largest company in America) and expect privacy. They only want privacy when it’s convenient for them. When they don’t they’re jumping up and down yelling “Look at me! Look at my new film! Go watch!” Or “Look at me! Look at our new product line! Go buy it!” You can’t have it both ways. Success brings people to the public’s attention. This crying about “Privacy” is bullshit. If you want success and wealth you have to take the loss of privacy with it.
Very sad, all that.
How would you as a child have reacted if the health of your father was subject to discussion both at Wall-Street and the yellow-press and additionally the various IT-related publications?
Maybe he’ll jump off-the hook one more time.
I wish the family all the best and the strength to go through this.