Apple Inc Chief Executive Steve Jobs is taking medical leave for the third time since 2004, sending its shares tumbling more than 8 percent as the surprise revived concerns over the long-term future of the iPhone- and iPad-maker.
Hedge fund manager David Einhorn -- an Apple investor -- said in December that one shouldn't worry too much about CEO Steve Jobs' health at these cheap valuations.
(Corrects COO Tim Cook's first name)LONDON/SAN FRANCISCO - Apple Chief Executive Steve Jobs is taking medical leave for the second time in as many years, sending shares tumbling close to 10 percent as the news revived concerns over the long-term future of the iPhone- and iPad-maker.
Apple Inc. (Nasdaq: AAPL) shares plunged on German stock exchanges today after it was reported that Chairman Steve Jobs would take another leave of absence, fuelling worries about the potential length of his absence and the extent of his health issues.
Apple Inc's Steve Jobs said the board has granted him medical leave to concentrate on his health.
Apple Inc Chief Executive Steve Jobs has been granted medical leave to concentrate on his health, he said on Monday.
Steve Jobs has changed the course of personal computing during his two stints as chief executive of Apple, while his idiosyncratic style and the iconic iPod, iPhone, iPad and Mac have made him a household name.
Apple Inc Chief Executive Steve Jobs has been granted medical leave to concentrate on his health, he said on Monday.
Apple's CEO Steve Jobs has announced that he is going on medical leave, in an email to the iPad maker's employees, giving weight to a proposal for a CEO succession plan being pushed by some shareholders.
Steve Jobs, the CEO of Apple Inc. (AAPL), has taken medical leave to focus on his health. In his absence, Chief Operating Officer Tim Cook will be responsible for day to day operations.
Stock index futures extended their fall on Monday, pulled lower by Apple Inc
after the company's CEO Steve Jobs said the company's board had granted him leave to concentrate on his health.
Stocks edged down on a disappointing labor market data
Economic growth in the world's wealthier nations is still too slow to create enough jobs for the tens of millions who lost their during the worst global recession since World War Two, the World Bank said on Wednesday.
The battered U.S. labor market may finally be looking up, according to a report from the Federal Reserve that found modestly better job conditions across the country.
The U.S. economy strengthened as the year drew to a close, according to a report from the Federal Reserve on Wednesday that cited rising employment levels across the country.
The U.S. economy strengthened as the year drew to a close, according to a report from the Federal Reserve on Wednesday that cited rising employment levels across the country.
Most Americans made work-related New Year's resolutions this year, be they to try to change jobs or get a raise or promotion at their current workplace, according to a survey released Friday.
UK recruitment consultancy Michael Page International Plc reported a 32 percent rise in fourth-quarter gross profit, as most of the growth came from permanent recruitment and said it was optimistic about its 2011 prospects.
Stocks fell on Friday after a court ruling in a key foreclosure case prompted investors to pull out of bank stocks, adding to weakness after a lackluster jobs report.
The Democratic White House and the Republicans who control the House of Representatives each found the December jobs figures released today mildly encouraging. While the administration, however, took credit for the steady albeit slow improvement, the new Republican chairman of the House Education and Workforce Committee said the plodding economy points up the need to change failed administration policies.
Employers hired fewer workers than expected in December and a surprisingly large number of people gave up searching for work, tempering the positive news of a big drop in the unemployment rate.
Stocks fell on Friday after a court ruling in a key foreclosure case prompted investors to pull out of bank stocks, adding to weakness after a lackluster jobs report.