Live data from Hacker News

Apple: Jobs to Take Medical Leave of Absence

blogs.wsj.com

11–20 of 114 posts

Re: Apple: Jobs to Take Medical Leave of Absence

#11
post #7

It's on Reuters now, too. Clever of them to wait until after the closing bell, but man oh man, that stock is going to plummet tomorrow, I imagine. Hope he's all right...

They actually had to halt trading; they couldn't hold it til the bell, for some reason.

Re: Apple: Jobs to Take Medical Leave of Absence

#12
post #8

Earlier quoted context omitted.

I doubt the WSJ would publish a letter like this if it were unconfirmed.

"... I doubt the WSJ would publish a letter like this if it were unconfirmed. ..." Email isn't the most reliable medium and the WSJ owner is Rupert Murdoch.

Whether you like Murdoch's politics or not, the WSJ is one of the most respected newsgathering organizations in the world. They didn't blow their credibility on a fake memo.

This story didn't run on the (partisan) WSJ editorial page. It ran on the front page. It's obviously true.

Re: Apple: Jobs to Take Medical Leave of Absence

#13
post #7

It's on Reuters now, too. Clever of them to wait until after the closing bell, but man oh man, that stock is going to plummet tomorrow, I imagine. Hope he's all right...

They actually had to halt trading; they couldn't hold it til the bell, for some reason.

you can see the after hours trading. 6pts already

edit: 7pts * 889M shares, what is a man worth?

Re: Apple: Jobs to Take Medical Leave of Absence

#14
I don't think this will change anything big. A leader is important to a company, but a leader needs to be able to create the kind of culture that runs itself when they're away. I'm guessing that Jobs did a good job of instilling the culture that Apple has today in a way that will continue because of how the workers see themselves and the company. It's sad to see him undergoing such medical problems and I wish him a speedy recovery, but I think Apple will do fine without him because he's given them purpose and direction and a definition that lasts beyond him.

I'm sure we all wish you a speedy recovery and many years of health!

Re: Apple: Jobs to Take Medical Leave of Absence

#16
post #6

Just terrible news and so unfortunate that it has to play out this way. I can't imagine how difficult it must be to have to deal with a (seemingly) serious medical issue and have to justify every related move to the public.

He doesn't have to justify anything to anyone. It's just that Apple's runaway success has depended, depends, and will probably continue to depend on Steve Jobs being there. He knows it, and everyone with AAPL stock knows it too.

Re: Apple: Jobs to Take Medical Leave of Absence

#18
Hope he gets better soon, can't imagine how frustrated such a work-oriented person must feel about being out of commission.

On another note, might be a good idea to buy AAPL in a few days. Long-term, I think Apple will succeed, with or without Jobs at the helm, but it's sure as hell going to be down over the next few days.

Re: Apple: Jobs to Take Medical Leave of Absence

#20
post #7

It's on Reuters now, too. Clever of them to wait until after the closing bell, but man oh man, that stock is going to plummet tomorrow, I imagine. Hope he's all right...

They actually had to halt trading; they couldn't hold it til the bell, for some reason.

The news was released after the bell. It was halted in after-hours trading. http://news.ycombinator.com/item?id=434426
Post reply on HN