Monday, January 17, 2011

Sentiment in the Market (01/17/2011)

Market sentiment is down today due to Mr.Steve Jobs' health. Hope he gets better soon.
We need more innovative thinkers like Steve in this world.

Text of his letter to his employees:

“Team,

At my request, the board of directors has granted me a medical leave of absence so I can focus on my health. I will continue as CEO and be involved in major strategic decisions for the company.

I have asked Tim Cook to be responsible for all of Apple’s(AAPL 348.48, 0.00, 0.00%) day-to-day operations. I have great confidence that Tim and the rest of the executive management team will do a terrific job executing the exciting plans we have in place for 2011.

I love Apple so much and hope to be back as soon as I can. In the meantime, my family and I would deeply appreciate respect for our privacy.

Steve.




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