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Apple Inc. (NASDAQ:AAPL) has already sold more than 1 million iPhone 3GS models since the product became available Friday, the company announced Monday."Customers are voting and the iPhone is winning," says Apple CEO Steve Jobs in a statement. Jobs made headlines in other news Saturday, when The Wall Street Journal reported just after midnight that two months ago he had a liver transplant in treatment for pancreatic cancer, according to sources close to the situation. The blogosphere is full of speculation that the timing of the two events wasn't coincidence but a deliberate strategy, perhaps on the part of a board member to leak word of the operation during a weekend when the iPhone was a hit at the box office. "If ever there were a moment to leak potentially explosive news about the health of Apple CEO Steve Jobs, the early-morning hours of June 20 were about as optimal as one could choose," says BusinessWeek. Jobs, who has been on medical leave from Apple since January, is due back later this month, likely part-time initially. As BusinessWeek points out, Jobs' return to Apple, whether full- or part-time, will be cheered by investors. "It takes some uncertainty out of the Apple story," Charles Wolf, an analyst at Needham & Co., is quoted as saying. "I talked to investors who thought seriously that Jobs would not return to Apple ever. Now it all looks like good news. He has a pretty good chance of being around for another five years at least." - Mary Kathleen Flynn
CategoriesComments
From: Mary Kathleen Flynn,
Adam, Thanks for your comment. I enjoyed your story too. Your idea that the iPhone sales success "indicates that Apple is building a company that can survive Mr. Jobs" is interesting. Regards,
Posted on:
June 23, 2009 8:40 AM
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It's great news for Apple that we learn Steve Jobs has been out of commission with a liver transplant the same weekend we learn new iPhone sales exceed expectations by 33-50%. Shows that Apple is headed in the right direction. Read more at http://www.ThePhoenixPrinciple.com