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AAPL Stock: 101.66 ( + 0.23 )

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Jobs maintains involvement, works on rumored device

updated 12:35 am EDT, Mon April 13, 2009

Jobs active at Apple

Despite Steve Jobs' lengthy leave of absence, the CEO has still maintained active involvement in activities at Apple, unnamed sources told the Wall Street Journal. From home, Jobs reportedly continues to oversee and direct high-priority strategies, while influencing and reviewing the most important products.

The sources claim the co-founder was heavily involved with creating the user interface for the upcoming iPhone 3.0 operating system that was recently previewed.

At a special event, the company announced that the OS contains at least 100 new features and over 1,000 new APIs. Notable capabilities include copy-and-paste and push notifications, while developers will be able to integrate subscription-based payment methods or in-app purchases. The software is also thought to provide video-recording capabilities.

Along with the iPhone 3.0 OS, the report suggests Jobs continues to provide input for future projects, including the rumored netbook or tablet. Although specific details were not provided, the source claims the portable device will be smaller than MacBooks but larger than the iPhone or iPod touch.

Apple's board of directors attempted to reassure shareholders at a meeting in February, explaining that the CEO still plans on fully returning to his leadership duties in June. Despite significant stock fluctuations following each report or announcement regarding Jobs' health, AAPL has recovered 40% of its value since the end of 2008.

People familiar with the situation allegedly suggest that Apple continues to operate without a hitch while the CEO takes time recover. Board member Arthur Levinson claimed that succession plans regularly came up in talks, suggesting the company will be prepared even if Jobs were to retire or resign. [via AppleInsider]




by MacNN Staff

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Comments

  1. starwarrior

    Joined: Dec 1969

    +2

    Trolls

    Just when the fears were laid to rest. The worst type of malicious stock manipulating hogwash. Of course he is, so what is the news about.

  1. lkrupp

    Joined: Dec 1969

    +2

    Crooked analysts

    Just another attempt at stock manipulation. People start feeling comfortable with the absence of Jobs so start a rumor that he's still calling the shots. Follow that up with a rumor that his health is failing and short the stock. Voila! Money in the bank for the "analysts". Crooked SOBs.

  1. climacs

    Joined: Dec 1969

    +1

    why should we believe

    Apple with regards to Jobs' involvement in the company? They were deceptive about his health issues despite the fact that he looked like he'd just emerged from a concentration camp. I simply don't believe anything Apple has to say about his involvement or non-involvement in the company.

    I'm also not concerned about it. Apple was set on the right track long ago and if Jobs dropped dead tomorrow, the company would continue to move forward in a positive direction.

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