apple shares halted

Trading in Apple shares was halted this afternoon when the company announced that CEO Steve Jobs is taking a medical leave of absence until the end of June. [1]

Trading in Apple shares was temporarily halted, with the shares losing 8% when after-hours trading resumed. [2]

NEW YORK (Reuters) - Apple Inc shares rose more than 5 percent on Wednesday on growing expectations that the company will announce a revamped line of iPods next week. [3]

CNBC just announced that Apple Inc. (NASDAQ: AAPL) shares are halted after hours for news. [...] Steve Jobs, who successfully battled pancreatic cancer several years ago, was rumored the whole past year to be having serious health problems. [4]

The news, released in conjunction with a speech by Apple chief executive Steve Jobs at the MacWorld Expo in San Francisco, forced trading of Apple stocks to a halt. [5]

LOS ANGELES (MarketWatch) — Apple Inc. shares dropped as much as 10% Wednesday evening after the company said that Chief Executive Steve Jobs will take a medical leave of absence until the end of June, adding more pressure on tech stocks that took big hits during the day session. [6]

Reversing the message he gave two weeks ago before MacWorld that his dramatic weight loss was a matter of a “hormonal problem,” Steve Jobs today announced he was taking medical leave from his job as Apple CEO, saying “my health-related issues are more complex than I originally thought.” [2]

Unfortunately, the curiosity over my personal health continues to be a distraction not only for me and my family, but everyone else at Apple as well. [1]

When trading resumes, it’s possible the shares, which closed down 2.7% today along with the overall market to $85.33, will take a hit. [4]

The profit is estimated to translate to around 36 cents a share, surprising sector analysts who had predicted a six-cents-per-share loss in the quarter. [5]

Hancock, who joined Apple in July 1996, also came from National Semiconductor where she was executive vice president and chief operating officer. [7]

Technology news Web sites have speculated that Apple could launch a new video iPod with a large touch screen similar to the iPhone, and a redesigned iPod nano in time for the end-of-year holiday shopping season. [3]

The questions investors will no doubt ask is how severe is this problem and how Jobs’ absence will affect the daily operations at Apple. [4]

NEW YORK (CNNfn) - Apple Computer Corp. said Wednesday that Chairman and Chief Executive Officer Gilbert Amelio has resigned from the struggling computer maker. [7]

Sources:
[1] Apple’s Steve Jobs: “I Have Decided to Take a Medical Leave
[2] Breaking: Apple stock halted as Jobs announces medical leave
[3] Apple seen revamping iPod line | Reuters
[4] Apple (AAPL) shares halted after hours; Jobs taking medical
[5] BBC News | Business | Apple shares surge on surprise profit news
[6] Apple slides after CEO Jobs says he’s taking medical leave
[7] Amelio out at Apple - Jul. 9, 1997

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