six_of_one
Pool Bar
Registered: 04/19/02
Posts: 3885
Loc: Alexandria, VA
Yeah, just saw that ...
Hopefully it isn't anything *too* serious and he's okay. The stock is probably going to take a hit, though, which may be why they announced on a holiday ...
Mike
ZigMeister
Registered: 09/01/01
Posts: 2300
Loc: SW Illinois
Originally Posted By: NucleusG4
The damage will be huge. He should really be publicly grooming someone to take his place.. even if it didn't happen for several years.
"The U.S. markets were closed for Martin Luther King Day when the news hit, but on the Frankfurt exchange Apple shares immediately dropped 7%, shaving more than $22 billion off the company's market cap."
carp
Dino's are Babe magnets
Registered: 04/19/02
Posts: 27013
Loc: Hawaii
Originally Posted By: NucleusG4
The damage will be huge. He should really be publicly grooming someone to take his place.. even if it didn't happen for several years.
I believe Tim Cook is the one that is being Groomed. After all he was the one who took the saddle the last time Steve went on medical, and did a great job.
Still no matter how Tim performs, there is only one Steve Jobs, so the stocks are gonna take a big hit, no matter who takes the CEO seat.
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