As a private person, Steve Jobs has a right to his privacy.
As the CEO of a public company, he is legally required to share any information which will materially impact the future of the business as soon as he knows about it. The Board of Directors is also held to this standard. This is not only a civil legal matter but potentially criminal, depending on situation.
Apple is a unique beast in that Steve Jobs IS Apple to many people - and a lot of the investment community.
Apple without him is seen by these people as worth a lot less than with him.
So, I think there is a real issue - but the media handling of it is a whole other issue.
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This is a tough issue.
As a private person, Steve Jobs has a right to his privacy.
As the CEO of a public company, he is legally required to share any information which will materially impact the future of the business as soon as he knows about it. The Board of Directors is also held to this standard. This is not only a civil legal matter but potentially criminal, depending on situation.
Apple is a unique beast in that Steve Jobs IS Apple to many people - and a lot of the investment community.
Apple without him is seen by these people as worth a lot less than with him.
So, I think there is a real issue - but the media handling of it is a whole other issue.
January 15, 2009 - 2:29pmThis Comment
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