Apple Shares Rise: Long Live Steve Jobs

Sure, the headline is a bit over the top. But so was recent trade press and blogosphere speculation about Steve Jobs’ health. Today, Jobs issued a letter to the Apple community explaining his recent weight loss (it involves a hormone imbalance), anticipated recovery and continued focus as Apple’s CEO.

Apple’s board also issued a statement. Now that everyone is done speculating about Jobs’ health, investors are bidding up Apple shares — sending them up more than 4 percent in morning trading today. Long Live Mr. Jobs.

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