Reports: Steve Jobs back in black at Apple, but questions are swirling

Tue Jun 23, 2009 10:04AM EDT

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He said he'd be back in the office by late June, and according to a slew of reports, Steve Jobs has indeed resumed terrorizing—I'm sorry, leading—the big brains at Apple. Meanwhile, questions about how much Apple should have disclosed about Jobs' health just won't go away.

The New York Times, Reuters, and CNBC are all saying that Jobs was spotted at Apple HQ in Cupertino on Monday and has resumed his CEO duties. Apple, of course, has yet to confirm whether Jobs is back at his desk.

A Reuters reporter actually spotted Jobs "leaving the Apple campus … dressed in his trademark black turtleneck and jeans." He "walked out chatting with another person before climbing into a black car that then drove off."

But if Steve Jobs was looking for "Welcome Back!" balloons from the tech press, well … he wasn't getting any.

The Times has a pair of Apple stories in Tuesday's paper: One about Apple's secretive, borderline paranoid corporate culture ("Employees working on top-secret projects must pass through a maze of security doors, swiping their badges again and again"), and another that raises the possibility that Jobs jumped the queue for his reported liver transplant two months ago.

BusinessWeek also took Apple to task, noting that the company's "handling of reports" about Jobs' liver transplant (the story broke in the Wall Street Journal late Friday) has "rekindled concern among corporate governance experts that the company and its board are disclosing too little, too late."

Then there's this ZDNet column, which points out the "fishy" timing of Apple's Monday morning "We sold a million iPhones!" announcements, which (successfully) diverted attention from the Journal's liver transplant story.

At issue, of course, is the delicate balance between Steve Jobs' personal right to privacy and his—and Apple's—obligation to disclose any factor affecting his duties as the CEO of a publicly traded company.

As the Times story notes, the legendary secrecy at Apple borders on the obsessive. Come to think of it, Apple is the most tight-lipped company I've ever covered—I mean, we're talking North Korea-type secrecy (in fact, like the U.S. and North Korea, Apple and I have little in the way of diplomatic relations).

Now, when it comes to keeping new products secret—hey, go for it. I, for one, love surprises (although given all the leaks—mostly correct—about the new iPhone, someone needs to go back to cloak-and-dagger school).

But Apple is publicly traded, and when Steve Jobs comes to work (or doesn't) that affects the share value, and in turn, people's lives. Now, it just so happens that Apple stock has actually soared during Jobs' medical leave (and in defiance of the recession, as well), but still, monkeying around with Grandma's portfolio by keeping a CEO's health under wraps is serious business. (And in case you're wondering, no—I don't own any Apple stock.)

So, what do you think? Should Apple have been more open about Steve Jobs' health, at least as far as it affects his position as CEO? Or does Steve deserve his privacy?


Comments on Reports: Steve Jobs back in black at Apple, but questions are swirling

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  • 1 Posted by simpleman5457625 on Tue Jun 23, 2009 10:51AM EDT Report Abuse

    He obviously used either his cash or influence to get the transplant...

  • 2 Posted by jirojas on Tue Jun 23, 2009 11:14AM EDT Report Abuse

    More open, unless of course he got priority cause of his wealth and social status.

  • 4 Posted by sv96 on Tue Jun 23, 2009 3:13PM EDT Report Abuse

    Leave the man alone! Let the market price the stock to its fair value, knowing what it knows (or does not know) about Steve Jobs.

  • 5 Posted by garytreible on Tue Jun 23, 2009 3:16PM EDT Report Abuse

    Apple said Steve was taking a leave of absence for health reasons. That is all the investors need to know. Steve is not there, and Tim Cook is temporarily replacing him. What Steve's health issues are is none of anyone's business. In fact it should be against the law for a company to disclose the health status of any of it's employees. As for the R&D security, Apple has a right to protect their work in any way they see fit. I think this is just an issue the press hammers on because they can't get any real information and it's frustrating.

  • 6 Posted by gjimon on Tue Jun 23, 2009 3:27PM EDT Report Abuse

    Does anyone else think that dressing in a black turtleneck and jeans every single day of your life is somewhat...how do you say...psychotic? Yes, people are investing their money in Apple stock and it is a publicly traded company, however, would the same rules apply to other Companies as well? If a CEO/founder of some publicly traded company fell ill would they also have a moral/financial obligation to let their share holders know? I don't think people would be so up in arms over this if Steve Jobs wasn't such a d-bag who also happens to be a multi-billionare and world leader in consumer technology. Perhaps if he were a nicer human being and not a descendant of the 3rd Reich, everyone would cut him a little slack.

  • 7 Posted by dallas121469 on Tue Jun 23, 2009 3:28PM EDT Report Abuse

    No. Every company, whether publicly traded or not, has a right in a free democratic government to keep secrets. You take your chances when you buy stocks. Peace out.

  • 8 Posted by liljoentx on Tue Jun 23, 2009 3:42PM EDT Report Abuse

    I agree with Mr. Treble! Leave him alone...it's none of anybodies' business but Steve Jobs! For heavens sake, the media today can't deal accurately with most of what information it gets nowadays anyway, and if they don't get any information, they concoct their own! Almost like the Iranian government! When is the press going to adopt a code of ethics...similar to what they expect everyone else to follow? Go jump on all of the Executive Orders that Obama recently signed, further limiting your and my freedoms! Let the public know about that!

  • 9 Posted by ckamen711 on Tue Jun 23, 2009 3:50PM EDT Report Abuse

    Apple is a public company. Therefore, Jobs' health should be open to the public.

  • 10 Posted by typefasterjoel on Tue Jun 23, 2009 4:02PM EDT Report Abuse

    The guy deserves his privacy. nobody should care whether he is at the company or not. Only the investors directly related to Apply should know and they, most likely, know.

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