Apple CEO Prepares for Fall Investor Physical
by John Paczkowski
Posted on September 8, 2008 at 3:49 PM PT
The biggest news to come out of Apple’s “Let’s Rock” media event tomorrow may not be an iTunes 8 or a refresh of the company’s iPod line. It may not even be that rumored AppleTV with DVR and TV tuner capabilities–though that would certainly be a nice surprise. No, the biggest news to come out of “Let’s Rock” will be Steve Jobs and his health and health-problems–life-threatening or not. When Jobs last took the stage at Apple’s World Wide Developers Conference in June, his gaunt appearance inspired all manner of ugly speculation. And though Apple (AAPL) insisted that Jobs’s rail-thin looks were caused by a “common bug,” concern that it might be caused by something more than that weighed heavily on Apple’s share price for the better part of the summer.
So it will be interesting to see what happens to AAPL when Jobs takes the stage to deliver the event keynote tomorrow. And he will be the one to deliver it. “We are confident that Steve Jobs will be presenting and we anticipate his appearance at the event to be viewed as a positive,” Piper Jaffray analyst Gene Munster said in a note to clients today. “While some investors are concerned that Jobs will not deliver the keynote, we have reason to believe he will. Therefore, we believe his health has improved since the June event, which would be a positive for the stock.”
[Image credit: iPhone Savior]
