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Posted on January 18, 2011 | tags

 
 

Biz, Tech: Apple’s stock not reacting well to Steve Jobs’ medical leave

  • 5.2% decline the drop in Apple’s stock in the wake of yesterday’s announcement that Steve Jobs took medical leave
  • $19
    billion
    the amount of market value that was erased in the wake of Jobs’ temporary departure source
  • » Not enough to kill their swagga: Apple shares are still up 66 percent over the last twelve months, and have a higher market capitalization than any other technology stock. So, even without Jobs, they’re still in a good financial position.