Why Steve Jobs' health matters more than Apple says
"Steve loves Apple. He serves at the pleasure of Apple's board. He has no plans to leave Apple. Steve's health is a private matter," said Tim Cook, Apple's chief operating officer on a conference call with investors on Monday.
Since then, investors have been calling for an update on their CEO's health -- to no avail.
"Every client call today I've had has brought up the health issue," said Charles Wolf, a securities analyst at Needham & Company to the New York Times. "I think the drop was based on the margin; that's when the stock really cratered."
Regardless, it brings up an interesting question: does Steve Jobs' health matter? Sure, he's a CEO of a public company and his decisions will have a major impact on shareholder value, but should his own health matters stay private? After all, I don't want my health records displayed in a public forum and it's not something that I enjoy talking about.
It makes sense for his health issues to be private, right?
Think again.… Read more