Tuesday, June 9, 2009
Key Not: Why the Jobs-less Apple WWDC Signals Trouble
Wow, there’s two hours of my life that I won’t get back anytime soon.
Wow, there’s two hours of my life that I won’t get back anytime soon.
Phew. Apple Inc.’s iconic Chief Executive Steve Jobs does not have a recurrence of the pancreatic cancer he successfully battled four years ago.
At least that is what investors learned by reading the New York Times, in an odd culmination of events that started last week, after Apple (AAPL) reported its second-quarter earnings and an analyst gently asked about Jobs’ health on the conference call.
Apple (AAPL) shares are getting a boost this morning from a flurry of bullish analyst commentary.
Last week, of course, the stock was under pressure from speculation about the health of CEO Steve Jobs. Today, the focus is back on the iPhone 3G, which was introduced a week ago at the company’s Worldwide Developers Conference.
At the outset of his presentation at the opening session of Apple’s Worldwide Developers Conference, Steve Jobs showed a slide of a stool with three legs to describe the company’s businesses: Macintosh, music and the iPhone. The company is making another bet on parallelism, and the implications may be more profound than anyone yet realizes.
There’s not a lot of hard Apple (AAPL) news for the Street to chew on ahead of Monday’s expected announcement of the 3G iPhone at next week’s Worldwide Developers Conference in San Francisco.
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