As Apple Stock Drops, Steve Jobs Is Still On Job, WSJ Says

As Apple’s stock takes a pounding on rumors that Steve Jobs is in hospital, the Wall Street Journal says he’s up and about and still on the job.

According to the Journal, Jobs is still on the job, taking meetings about the IPad 2 and iPhone 5:

The 55-year-old Mr. Jobs, whose ailment hasn’t been disclosed, has been taking business meetings at home and on the phone, these people said.

He also has been seen on Apple’s Cupertino, Calif., campus and in public in Palo Alto, Calif., with a company executive, said people familiar with the matter.

Earlier today, Apple’s stock dropped -3.62 to $354.54 on rumors Jobs is in hospital.

There’s the possibility that the WSJ story is a plant from Apple’s PR department to counter the Wall St. rumors. Apple’s stock started plunging at around 3PM EST: the Journal’s story, which is based on unnamed sources, appeared about three hours later, at 6PM. The timing may also be a coincidence, of course.

WSJ: Despite Leave, Jobs Keeps a Hand on Apple

Comment »