How Will Jobs’ Medical Leave Affect Investors? – WSJ.com


Oh, brother.

 

Steve Jobs at the WWDC 07

Image via Wikipedia

 

The news that Steve Jobs is taking another medical leave from Apple is ominous.

Everyone wishes the Apple chief executive the very best. Let’s hope this is temporary and he will make a speedy recovery. Apple says Mr. Jobs plans to continue as chief executive while on leave. That sounds hopeful. We will may find out more tomorrow, Tuesday, when the company reports its latest earnings.

But right now investors are flying blind. Just how sick is Mr. Jobs? How long will he be out? We don’t know. Apple won’t say. Mr. Jobs has asked for privacy. On a personal level, anyone can understand that. But it’s no help for stockholders.

via How Will Jobs’ Medical Leave Affect Investors? – WSJ.com.

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