More Health Rumors About Jobs Hit Apple's Stock

By John Johnson, Newser Staff

Posted Dec 30, 2008 7:48 PM CST

(Newser) – More rumors regarding the health of Steve Jobs put a crimp in Apple's stock today, the Street reports. The company's stock had been trading in positive territory until the tech blog Gizmodo quoted an anonymous but "100% reliable" source as saying Jobs' health is "rapidly declining." After that, shares fell as low as $84.72, down 2%, before closing at $85.79, down about 1%.

Gizmodo contends Jobs' health is the real reason he won't give the keynote address at MacWorld next week. Apple maintained its policy of not commenting on health rumors. "If ever Steve or the board of directors decided that he was no longer capable of doing his job as CEO of Apple, I'm sure they will let you know," a spokesman told Reuters.

In this Jan. 15, 2008, file photo, Apple CEO Steve Jobs introduces the Macbook Air. (AP Photo/Jeff Chiu, File)

Apple CEO Steve Jobs holds up a new aluminum frame for a MacBook Pro during product announcement at Apple headquarters in Cupertino, Calif., Tuesday, Oct. 14, 2008. (AP Photo/Paul Sakuma)

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FLA to audit working conditions at Apple suppliers

iPad 3 to Be Unveiled March 7

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Google Gets Europe's OK to Buy Motorola

But regulators in EU, United States will monitor for antitrust

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