Getting your player ready...
SAN JOSE, Calif. — Shares of Apple were on their way to a gain Tuesday, with the rest of the stock market. Then came a Gizmodo online report that chief executive Steve Jobs was in “rapidly declining” health. Apple stock sank from about $88 to $84.72 in a matter of minutes shortly before 11 a.m., then recouped about half of the loss to finish at $86.29, down 32 cents for the day.
Jobs, 53, was diagnosed with pancreatic cancer in 2003 but has said he was cured with surgery.
Apple has declined to comment about Jobs’ medical issues. And it didn’t change its policy Tuesday, telling Bloomberg News: “If ever Steve or the board of directors decide that Steve isn’t able to do his job, I’m sure they’ll let you know.” Los Angeles Times
