When was the last time you had to issue a press release when you took a sick day?
I thought so. You're probably not Apple CEO Steve Jobs.
Jobs issued a press release this morning to dispel rumors that his health was floating somewhere between 'gravely ill' and 'perilously close' to death after the company announced he wouldn't appear at the Apple-themed consumer products trade show known as Macworld.
"As many of you know, I have been losing weight throughout 2008. The reason has been a mystery to me and my doctors. A few weeks ago, I decided that getting to the root cause of this and reversing it needed to become my #1 priority.
Fortunately, after further testing, my doctors think they have found the cause -- a hormone imbalance that has been "robbing" me of the proteins my body needs to be healthy. Sophisticated blood tests have confirmed this diagnosis."
No CEO's health is more tied to his or her company's stock price than Jobs, who suffered from pancreatic cancer in 2003.
Jobs, for his part, doesn't seem to be enjoying the extra attention...
"So now I've said more than I wanted to say, and all that I am going to say, about this."
And for the record, this bit of "good news" has Apple stock up almost 4 percent in early trading.
Bob you give us a "press release" when you go on vacation and will be out of town, so I don't see why Jobs can't give us a press release telling us he is well.
As to Things that Are Puzzling, what's up with a guy who is losing weight for the better part of a year, but who doesn't do anything about it for the better part of a year? Especially when he's a guy who can afford the ultimate in health care.
Steve Jobs is one of those few CEOs who are actually worth an enormous salary. The performance of the company under his leadership is vastly superior to the performance without him.
Silly though it may sound, stock price changes based on his health are not unreasonable.
Not to make light of his health...however, If Jobs can isolate the hormone or enzyme that caused the weight loss, take all the bad stuff out of it...turn it into an iphone application...sky's the limit for AAPL!