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Apple CEO Steve Jobs receives standing ovation from fans, developers

“Apple Inc. CEO Steve Jobs on Monday unveiled the iCloud, a music-streaming and online data storage service that can be accessed on devices from the iPad to the iPhone,” Poornima Gupta and Noel Randewich report for Reuters.

“A still thin-looking Jobs walked out to a standing ovation from the more than 5,000 Apple faithful at its Worldwide Developers’ Conference in downtown San Francisco’s Moscone Center, making opening comments for just a few minutes before ceding the stage to marketing chief Phil Schiller,” Gupta and Randewich report. “Jobs, whose decision to headline the event assuaged some concerns on Wall Street about his health, strode onstage after James Brown’s seminal soul classic ‘I Got You (I Feel Good)’ blasted over the sound system.”

Gupta and Randewich report, “Monday was only his second appearance in public on his company’s behalf since he went on medical leave in January. He shared the spotlight, letting his executive team showcase new features in Apple’s mobile and computer operating software, before returning to the stage to launch the iCloud. ‘It was good to see him appear despite being on medical leave,’ said Sterne Agee analyst Shaw Wu. ‘And at the same time, it looks like he is having his lieutenants handle most of the keynote, which is good in showing that Apple is a team and not a one-man show.'”

“Jobs’ decision to headline such events often is news in itself, and his appearance likely heartened investors worried about his health after the pancreatic cancer survivor went on his third medical leave in January for an undisclosed condition,” Gupta and Randewich report. “Apple’s share price fell 1.57 percent to close at $341.60 on the Nasdaq stock market. The stock traditionally gains before a major event — of which there are only a handful throughout the year — before dipping on the day itself.”

Read more in the full article here.

MacDailyNews Take: Good health, Mr. Jobs!

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