RUMOR MILL
Back to Rumor Mill >
Tuesday, January 18, 2011

Jobs Absence Causes Apple Stock to Fall

JOBBED: Apple Co-Founder/CEO Steve Jobs’ announcement yesterday that he will be taking another medical leave sent shares of the company tumbling 5% in pre-market opening trading this morning, down $17.28 to $331.20. Just last Friday, days after announcing the introduction of the Verizon iPhone, the company hit an all-time high of $348.48 a share. Some insiders are even hinting “unless told otherwise, plan for the worst-case scenario…that Jobs won’t be coming back.” Apple’s shareholders will meet on Feb. 23 to vote on a proposal to name a successor to Jobs that would require the company to make public details of a Jobs-less Apple, which is being fought by insiders. (1/18a)

 
BACK TO RUMOR MILL
 
SPOTIFY Q1 PROFIT TOPS $1B; SUBS HIT 239M
How Swede it is. (4/23a)
Check It Out Now
HITS LIST IN
PLAYOFF MODE
Will scoring records be broken this week? (4/23a)
Check It Out Now
THE COUNT: ALL THE DESERT'S A STAGE
The dust settles on the Indio Polo Grounds. (4/22a)
Check It Out Now
ROCK HALL UNVEILS
2024 INDUCTEES
Class of '24 comes alive. (4/22a)
Check It Out Now
TOP 20: TAYLOR TIME
Is it ever. (4/23a)
Check It Out Now
THE NEW UMG
Gosh, we hope there are more press releases.
TIKTOK BANNED!
Unless the Senate manages to make this whole thing go away, that is.
THE NEW HUGE COUNTRY ACT
No, not that one.
TRUMP'S CAMPAIGN PLAYLIST
Now 100% unlicensed!
 Email

 First Name

 Last Name

 Company

 Country
CAPTCHA code
Captcha: (type the characters above)

By clicking submit you are agreeing
to Terms and Conditions