Jobs is basically healthy. That's good news.
After weeks of rumors about his health going downhill or perhaps a reoccurrence of cancer, Jobs took the unusual step of calling a New York Times reporter to tell him 'off the record' that "While his health problems amounted to a good deal more than 'a common bug,' they weren't life-threatening and he doesn't have a recurrence of cancer."
While I'm glad to hear that Jobs is relatively healthy, it does bother to get this news in such a roundabout way.
The reporter spends far more time on Jobs former health problems, an encounter with a rare, curable, form of pancreatic cancer, and whether or not his health should be a public issue at all than he does on the news.
This leaves a bad taste in my mouth.
Yes, I'm pleased to know that Jobs, who may very well be the CEO who's most vital to his company's success, is doing well. Besides, I know Jobs, albeit not well, and I like him.
Still, 'off the record,' I know a lot of things about many companies, organizations, and CEOs. You're not going to read about them in any of my stories until I have something 'on the record' to back those potential stories up.
That's enough 'inside baseball' journalism talk. Here's what the news means. Apple is going to be doing just fine.
Wall Street got a little panicky about Apple's last quarter, even though the company did gang-buster business. Seems the market got spooked by the CFO talk of Apple's profit margin dropping from 34.8% in the just-concluded quarter to a 'mere' 31.5% in the quarter ending in September. I wish I had a profit margin of 30+%!
The bottom line is that although MobileMe has been a stinker so far, Apple still has just taken third place in U.S. computer sales, and everyone wants a second-generation iPhone. With Jobs at the helm, Apple will continue to be the technology company trend-setter.