Monday, January 17, 2011

Trying to Read some Hopeful Signs in Timing of Jobs Medical Leave Announcement

It is a shocker and sad that Steve Jobs has again announced he is taking leave for medical reasons (see stories below) but at least the announcement was timed and not all of a sudden (like when a person gets a heart attack or stroke). The announcement was timed for a holiday in the U.S, most probably for the stock market to absorb the news, and also for tomorrow January 18 Apple's quarterly Earnings Call. The earnings report for the Christmas season should be a blockbuster and possibly Jobs hopes it will cushion his  medical leave announcement.

Again we wish him well.