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Paper: Steve Jobs' health in question...

Original post made by pl on Jul 21, 2008

Industry concerns about Steve Jobs' health have not gone away more than a month after the Apple CEO appeared dramatically thinner at the firm's annual developers' conference, fighting what insiders at the time were calling a "bug."

Apple is due to report earnings today, but many investors and analysts remain as interested in news of the condition of the tech titan - who is a survivor of pancreatic cancer - as they are in the numbers themselves.

"Apple's hedge fund investors are very worried," said a Wall Street source who has spoken with some of the company's stakeholders.

After the conference in June, Apple reps blamed Jobs' weight loss on an unspecified illness that required treatment with antibiotics.

Since then, there's been no update on his health, and company officials now are not commenting on it despite repeated requests.

Multiple sources who have met with - and in some cases even dined with - Jobs in the weeks surrounding the introduction of the iPhone 3G on July 11, said they came away troubled by his thin appearance.

Apple has a history of dragging its heels when it comes to admitting that Jobs is sick.

His October 2003 cancer diagnosis wasn't disclosed until after the removal of a pancreatic tumor. Recent reports have suggested the company knew about Jobs' condition for nine months prior to the public announcement. Web Link

Comments (15)

Posted by qc, a resident of Professorville
on Jul 21, 2008 at 4:25 pm



Isn't company supposed to tell investors about CEOs illness in a timely manner?

Part of the reason for the concern over Jobs' health - aside from genuine sympathy - is that Apple has no succession plan in place.

A good deal of Apple's worth is tied to its leader.


Posted by shrt, a resident of Midtown
on Jul 21, 2008 at 5:12 pm



Apple reported a profit of $1.07 billion as consumers continued to flock to its computers and iPods, but a dimmed outlook for the summer quarter clipped 10% from the stock after hours.


Posted by Mom of 3, a resident of Palo Alto High School
on Jul 21, 2008 at 7:34 pm

We don't know Jobs personally, but have met him in the neighborhood and he is nice to my children. Perhaps his personality at work is different than "home" hours. I expected him to be completely rude but he was very patient with my toddler. I even asked if I could snap a photo of him and my toddler and he politely declined.


Posted by Nora Charles, a resident of Stanford
on Jul 21, 2008 at 7:35 pm

Nora Charles is a registered user.

Let's hope he's okay. I'll be thinking good thoughts for him.


Posted by Dr. Marcus Welby, a resident of another community
on Jul 21, 2008 at 8:07 pm

What is so wrong with the truth. Is Apple above the TRUTH? A public company the relies on the leadership of said company to achieve profits for investors. His health as the leader of said company is important to the owners of said company. A little truth please.

If Apple was private then all that needs to be said is "none of your business"

So judge for your self;

Web Link
Web Link


Posted by Kildare, if you dare, a resident of Another Palo Alto neighborhood
on Jul 21, 2008 at 9:47 pm

[Post removed by Palo Alto Online staff.]


Posted by Neighbor, a resident of Palo Alto High School
on Jul 22, 2008 at 11:47 am

This explains his weight situation: Web Link

He was thin last year when I saw him but appears thinner now, seeing the photos of him. He doesn't need to announce anything. Why do people need to know? So they can all start looking for employment? So they can trade their stocks? All selfish reasons.


Posted by APPL Shareholder, a resident of Old Palo Alto
on Jul 22, 2008 at 12:41 pm

Humm - selfish
Yes, APPL is floated with public money that makes all things Apple an investors business.

You are the pot calling the kettle black when you point to another person and accuse that person of doing something that you are guilty of doing yourself.

Steve Jobs image vs reality

Web Link


Posted by pp, a resident of Old Palo Alto
on Jul 23, 2008 at 7:54 pm

Steve Jobs was diagnosed with pancreatic cancer in October 2003. Pancreatic cancer has one of the highest morbidity rates, something like a 5% survival rate over five years. Jobs's form of the disease--islet cell carcinoma--is said to be more treatable and survivable, more like 80% if the tumor is isolated, detected early and excised without complications.

Jobs waited until late July 2004 to have his surgery. He disclosed the facts of his disease and surgery a few days later.

Why did Jobs postpone surgery for nine months given the horrible survival odds he would have faced if the islet cell tumor had grown or spread? According to this Fortune article:

Yet to the horror of the tiny circle of intimates in whom he'd confided, Jobs was considering not having the surgery at all. A Buddhist and vegetarian, the Apple CEO was skeptical of mainstream medicine. Jobs decided to employ alternative methods to treat his pancreatic cancer, hoping to avoid the operation through a special diet.


Posted by Marcus Vipsanius, a resident of Old Palo Alto
on Jul 23, 2008 at 10:12 pm

Now hear from Apple but nothing more about the dear leader.> "One of the investments we make is to introduce new products that initially cost more because they deliver an entirely new level of value to the customer," Cook said. "Then we ride the cost curves down with value engineering and volume manufacturing, leaving us far ahead of our competitors. We have some of these types of investments in front of us that I can't discuss."

So let me get this straight. You pop with something new at a premium price and you get the apple cultists to buy and then later you reduce the price to get the some what less cult driven folks to buy. I got chu?

Two questions:
1) Is that new product going to be call the iCon 2.0 ?
2) How does this "NEW" strategy fit in with the original iPhone price scheme.
HERE: Web Link

You know I'm gonna miss him - but only a little.


Posted by Paly Alum, a resident of Palo Alto High School
on Jul 25, 2008 at 11:20 am

Marcus, that's a really funny post! Thanks for the laugh. Yeah, Jobs does seem to be screwing with the public. Did he ever pay Wozniak the $2000 for him doing his work for him in the early days where he only paid him $200 and pocketed the rest?


Posted by No Secrecy, a resident of Downtown North
on Jul 26, 2008 at 11:25 pm

A Mr. Jobs update here.

Apple's Culture of Secrecy
By JOE NOCERA

Mr. Jobs called me. "This is Steve Jobs," he began. "You think I'm an arrogant [expletive] who thinks he's above the law, and I think you're a slime bucket who gets most of his facts wrong." After that rather arresting opening, he went on to say that he would give me some details about his recent health problems, but only if I would agree to keep them off the record. I tried to argue him out of it, but he said he wouldn't talk if I insisted on an on-the-record conversation. So I agreed.

Because the conversation was off the record, I cannot disclose what Mr. Jobs told me. Suffice it to say that I didn't hear anything that contradicted the reporting that John Markoff and I did this week. While his health problems amounted to a good deal more than "a common bug," they weren't life-threatening and he doesn't have a recurrence of cancer. After he hung up the phone, it occurred to me that I had just been handed, by Mr. Jobs himself, the very information he was refusing to share with the shareholders who have entrusted him with their money.

You would think he'd want them to know before me. But apparently not.

========


Posted by iPod who?, a resident of Fairmeadow
on Jul 26, 2008 at 11:28 pm

I'm not a big Steve Jobs fan, but Nocera has been gunning for Jobs for years.


Posted by bob, a resident of Charleston Meadows
on Jul 26, 2008 at 11:37 pm

nyt
Apple's Culture of Secrecy
By JOE NOCERA

Mr. Jobs called me. "This is Steve Jobs," he began. "You think I'm an arrogant [expletive] who thinks he's above the law, and I think you're a slime bucket who gets most of his facts wrong." After that rather arresting opening, he went on to say that he would give me some details about his recent health problems, but only if I would agree to keep them off the record. I tried to argue him out of it, but he said he wouldn't talk if I insisted on an on-the-record conversation. So I agreed.

Because the conversation was off the record, I cannot disclose what Mr. Jobs told me. Suffice it to say that I didn't hear anything that contradicted the reporting that John Markoff and I did this week. While his health problems amounted to a good deal more than "a common bug," they weren't life-threatening and he doesn't have a recurrence of cancer. After he hung up the phone, it occurred to me that I had just been handed, by Mr. Jobs himself, the very information he was refusing to share with the shareholders who have entrusted him with their money.

You would think he'd want them to know before me. But apparently not.


Posted by iPod who?, a resident of Fairmeadow
on Jul 27, 2008 at 12:01 am

I'm not a big Steve Jobs fan, but Nocera has been gunning for Jobs for years.


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