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Everything is going to be okay with Jobs, Apple executives' reassurances seem to suggest

Apparently even when off the job, Apple's divisive, but brilliant leader Steve Jobs is still on the job.  At a one hour annual shareholder meeting held at Apple's headquarters in Cupertino, executives said that while Jobs was away, he still was putting in a great deal of work directing the company behind the scenes.  They said that he was deeply involved in their decision making process.

Steve Jobs, who founded Apple and guided it through its two most successful spans -- the Apple II/Mac era and then the iProduct era -- had been the subject of wild rumors last year, when he appeared gaunt and sickly at public appearances.  He initially brushed off the concerns, eventually breaking his silence this January to say he had hormonal problems, which he was receiving treatment for.  However, later in January he announced that he was taking a leave of absence until June, citing that his medical issues were "more complex" than previously expected.

The news launched wild speculation, as Jobs was diagnosed in 2004 with a rare kind of pancreatic cancer, which he received treatment for and apparently had fully recovered from.  Many wonder -- and still do -- whether Apple could continue its recent successes without Jobs' guiding hand.

However, Apple's top executives went on record at the meeting to state that "nothing has changed" with Jobs' health.  They also declined address recent allegations that the U.S. Securities and Exchange Commission is investigating the company's disclosures of Jobs' health problems for possible misconduct.

Even if Apple's executives don't find themselves in trouble with the SEC, if Jobs' health deteriorates the company may find itself with a slew of lawsuits from shareholders over its disclosures, according to legal experts.  Apple is in a tricky position as medical disclosures are a gray area of the law, so shareholders could sue if Apple declared too much (potentially causing Apple stock to plunge) or too little (causing shareholders to retain stocks for lack of information).

Apple's shareholders weren't just worried about Jobs, though.  They were also concerned about how the company plans to stay competitive in the currently bleak economy with expensive notebooks and iPods, which some say are overpriced.  Apple's leadership deflected most of these questions as well, avoiding the issue of slumping computer sales and pointing to successes like the iPhone.

Despite the doom and gloom mood at the meeting, the shareholders did perk up a bit when one of the executives suggested they all sing happy birthday to Steve Jobs, who turned 54 on Tuesday.  While they didn't get to see their leader, the song seemed to take shareholders minds off Apple's pressing problems, if only for a moment.



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RE: Microsoft should be relieved to hear this.
By Pirks on 2/26/2009 1:46:51 PM , Rating: 2
quote:
I find myself playing Fallout 3 on my PC far more than my Wii of late.
Still, after Crytek got disappointed in Crysis sales caused by piracy and by the fact that only a few people had high-end PC capable of showing it off "properly" I think we can say bye bye to high-budget big-caliber PC exclusives. It's a looong time since Crysis was released and it ended abruptly suggesting the next chapter... which never came. Go figure. I bet Crytek is very busing with their next console game now, with which they can finally recoup their $30M USD investment in Crysis and CryENGINE 2, with piracy out of their way. So I tend to agree with reader1 on that, Jason. Especially after so many quality big-budget console exclusives lately which we will never see on PC (LBP, GeoW 2, Halo 3, Uncharted, The Darkness and so on and so forth). You also conveniently forgot the fact that MS is heavily pushing their own gaming console, so they are too interested in moving as many PC gamers as possible off Windows (which is supposed to be big business/corporate OS anyway) and onto their red-ringed console ;-)


RE: Microsoft should be relieved to hear this.
By Reclaimer77 on 2/26/2009 5:01:32 PM , Rating: 3
quote:
Still, after Crytek got disappointed in Crysis sales caused by piracy and by the fact that only a few people had high-end PC capable of showing it off "properly" I think we can say bye bye to high-budget big-caliber PC exclusives.


They were idiots. They made a game that NO PC at the time could play smoothly at high quality.

But because of Crisis we can say bye bye to big budget big caliber PC exclusives ?

Hey idiot, how many console gamers are playing World of Warcraft right now ? It doesn't get much bigger than that, both in players AND budget.


"Game reviewers fought each other to write the most glowing coverage possible for the powerhouse Sony, MS systems. Reviewers flipped coins to see who would review the Nintendo Wii. The losers got stuck with the job." -- Andy Marken














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