SmarTrend(R) News Watch: Apple Shares decline on Jobs' Health Rumors

Posted on: Tue, 30 Dec 2008 15:25:00 EST


Symbols: AAPL
Dec 30, 2008 (SmarTrend(R) News Watch via COMTEX) --
AAPL | Quote | Chart | News | PowerRating -- Apple Inc. (NASDAQ: AAPL | Quote | Chart | News | PowerRating) shares plunged today amid rumors that CEO Steve Jobs' health has been deteriorating. A technology website, Gizmodo, posted a report based on information from an anonymous source about his health. The blog said that this was the real reason he would not be making his keynote address at the Macworld conference next month. According to a report from Reuters, the company's spokesman said that Apple (NASDAQ:AAPL) would alert its investors should the company's CEO be unable to fulfill his job requirements. The company's stock fell abruptly on the news, hitting a low of $84.72.

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