Article Contributed on: 6/29/2009 2:30:40 PM
Some in the investment world feel that Apple should be more forthcoming on Steve Jobs' minute to minute health. They say it's important whether he had a good B.M. last night, and whether he has dry skin, or is tired upon arising in the morning. They feel that with a publicly-traded company this is necessary and good.
Personally, I think that "Apple" decided to let the company run, design, manufacture and sell its products and let those facts decide what the stock price should be; rather than every little rumor about whether he suffers from halitosis or an ingrown toenail.
And they, and I, think that since Wall Street chronically jumps like a scared rabbit on every rumor, and has consistently undervalued Apple in the past; emphasizing every possible conceivable downside, and ignoring its consistent performance; that if "the street" had had its way that Apple stock would be selling for 37 cents today.
Steve Jobs doesn't design and engineer and build every Apple product. There are some very talented people in that company besides Steve.
Of course his health issues are very serious, and of course he has done a lot for the company in the past; but that shouldn't completely overshadow an extremely successful company, and its continuing success.
Del Knudson