Sad News Indeed
Sadly, this announcements timing is quite telling.
There is no way Apple would have issued this, just one day before their financial report if they had a choice.
Needless to say this suggests both urgency & gravity. I wish Jobs the best.
Reading between the lines of the excerpt below, is very revealing.
"Jobss liver transplant took place at Methodist University Hospital in Memphis, Tennessee. The surgeon who performed the procedure, James Eason, is an expert in treating recurrences of a rare cancer Jobs said he had in 2004.
The cancer, called neuroendocrine tumor, was discovered in Jobss pancreas. While the tumor is often slow-growing, it can spread to the liver where it can become life-threatening. Eason said at the time that he had replaced the livers of about 10 people with the rare cancer. Jobs hasnt said whether his transplant was done to treat a recurrence of the tumor. Eason didnt immediately return a call placed to his office today.
Cook, 50, took over daily management for Jobs during his 2009 leave. Cook received total compensation of $59.1 million, including a special bonus and stock in recognition of his outstanding performance during that period.
The company was criticized by some investors at the time for not disclosing Jobss health issues sooner.
Cooks Role
Apple missed an opportunity to hand the day-to-day responsibility to another executive earlier on, with Jobs focusing on broader ideas and design while taking care of his health, Michael Obuchowski, chief investment officer at First Empire Asset Management in Hauppage, New York, said in an e- mail. I am worried that the current decision to keep Steve Jobs as CEO is another mistake.
http://is.gd/1vjSv0