Steve Jobs takes medical leave

From article:
The Apple CEO says he'll be out until June, and that his health problems are "more complex" than he originally thought. All stock trading on AAPL has been suspended until further notice.

http://www.businessweek.com/technology/content/jan2009/tc20090114_841573.htm?chan=top+news_top+news+index+-+temp_top+story

What do you mean "suspended"?

I guess Apple itself can choose not to trade, but other people who own APPL stocks can buy/sell right? Anyway, the article mentions trading resumes after hour... and currently down 10%

Ion Todirel said:

littleguru said:

*snip*

Me too, he's a nice guy

Actually from many accounts, they say Steve is somewhat of an a**hole... at least a tyrant...

Minh said:

What do you mean "suspended"?

I guess Apple itself can choose not to trade, but other people who own APPL stocks can buy/sell right? Anyway, the article mentions trading resumes after hour... and currently down 10%

What happened is the stock was halted to where no one can trade the stock.  This is a common occurance in the market whenever there is a major news item that comes out regarding a company.  This way investors have time to digest the information and everything happens in an orderly fashion. 

Rd_Falcon said:

Minh said:

*snip*

What happened is the stock was halted to where no one can trade the stock.  This is a common occurance in the market whenever there is a major news item that comes out regarding a company.  This way investors have time to digest the information and everything happens in an orderly fashion. 

I hate to hear this happening to Steve and his family.  I think its more complex than anyone anticipated.  My uncle died of Pancreatic cancer in 1996 and it was almost the same situation.  Heres hoping medical techniques have advanced over the times where Steve wont be dead in 4 months.

rjdohnert said:

Rd_Falcon said:

*snip*

I hate to hear this happening to Steve and his family.  I think its more complex than anyone anticipated.  My uncle died of Pancreatic cancer in 1996 and it was almost the same situation.  Heres hoping medical techniques have advanced over the times where Steve wont be dead in 4 months.

Hold up there buddy, you don't know the exact details of the situation, so saying he'll be dead in 4 months isn't entirely accurate.

La Bomba said:

rjdohnert said:

*snip*

Hold up there buddy, you don't know the exact details of the situation, so saying he'll be dead in 4 months isn't entirely accurate.

sad news. i hope hes ok

I wouldn't wish it on my worst enemy, and I do hope he proves to be an exception to the rule but...

Facts are that he was diagnosed and treated, surgically, in 2004 for pancreatic cancer.

The 5-year post-diagnosis mortality rate (from the stats I've gathered) is... 95%

Unfortunately, he is right on track.

How do you know steve jobs is a nice guy? the only time you see him is when hes acting to try and sell you something overhyped that you don't usually need.. the only other times I've seen him he's been pretty arrogant.

It sounds like bad news but hopefully its something he can overcome.

elmer said:

I wouldn't wish it on my worst enemy, and I do hope he proves to be an exception to the rule but...

Facts are that he was diagnosed and treated, surgically, in 2004 for pancreatic cancer.

The 5-year post-diagnosis mortality rate (from the stats I've gathered) is... 95%

Unfortunately, he is right on track.

Don't panic! Steve's cancer was of a very rare kind, an islet carcinoma, which is curable surgically with a very good prognosis. He underwent surgery which supposedly got rid of the cancer completely. Had he been diagnosed with a more common form of pancreatic cancer, he'd be already long dead. Still, there must be something wrong with him, so I wish el Jobso a speedy recovery.

Turbodad said:

elmer said:

*snip*

Don't panic! Steve's cancer was of a very rare kind, an islet carcinoma, which is curable surgically with a very good prognosis. He underwent surgery which supposedly got rid of the cancer completely. Had he been diagnosed with a more common form of pancreatic cancer, he'd be already long dead. Still, there must be something wrong with him, so I wish el Jobso a speedy recovery.

AAPL is in the gutter.

It's odd, because Steve never actually did anything except act like a douche and ride on the coat tails of people that had actual skills.
Steve is his own brand, and it's easy to see how dangerous that can be to a company.

May28th2018 said:

Turbodad said:

*snip*

AAPL is in the gutter.

It's odd, because Steve never actually did anything except act like a douche and ride on the coat tails of people that had actual skills.
Steve is his own brand, and it's easy to see how dangerous that can be to a company.

I don't see any major change in AAPL other then what happened to basically the entire stock market during the credit crunch.

Bass said:

May28th2018 said:

*snip*

I don't see any major change in AAPL other then what happened to basically the entire stock market during the credit crunch.

he needs a liver transplant....   not looking good

May28th2018 said:

Turbodad said:

*snip*

AAPL is in the gutter.

It's odd, because Steve never actually did anything except act like a douche and ride on the coat tails of people that had actual skills.
Steve is his own brand, and it's easy to see how dangerous that can be to a company.

Agreed 100%.

Apple should never have allowed itself to become a one man show. A succession plan should have been made public as soon as it was announced that he had  cancer several years ago.

Fortunately, the Finance press is run by folk who have probably got a lot of Apple stock, which is why they're all screaming 'Don't panic! It's business as usual!'

Which of course, it is; as you say, Jobs is little more than a marketing tool these days.

Ray7 said:

May28th2018 said:

*snip*

Agreed 100%.

Apple should never have allowed itself to become a one man show. A succession plan should have been made public as soon as it was announced that he had  cancer several years ago.

Fortunately, the Finance press is run by folk who have probably got a lot of Apple stock, which is why they're all screaming 'Don't panic! It's business as usual!'

Which of course, it is; as you say, Jobs is little more than a marketing tool these days.

re: " Jobs is little more than a marketing tool these days."

ya a marketing tool that made the imac, ipod and iphone.

hes patented 3d desktop and apple TV's (running itunes) are coming soon

wish i could be such a "tool"

*sorry im in a BAD mood

edit:  Steve Jobs LITTLE FINGER could run MS at a profit and make it cool

edit2: then again - bill gates little finger's NAIL used to kick but.  too bad its all kid gloves now with steve

Massage those numbers steve.... jump into a vat of shi_t  for rebates and search incentives steve... magic christian

jamie said:

Ray7 said:

*snip*

re: " Jobs is little more than a marketing tool these days."

ya a marketing tool that made the imac, ipod and iphone.

hes patented 3d desktop and apple TV's (running itunes) are coming soon

wish i could be such a "tool"

*sorry im in a BAD mood

edit:  Steve Jobs LITTLE FINGER could run MS at a profit and make it cool

edit2: then again - bill gates little finger's NAIL used to kick but.  too bad its all kid gloves now with steve

Massage those numbers steve.... jump into a vat of shi_t  for rebates and search incentives steve... magic christian