Apple’s Shares Fall Due to Jobs Withdrawal

Today, Apple’s shares opened with a cut of 6.4% since yesterday after an announcement of a temporary withdrawal of its CEO, Steve Jobs, due to medical reasons. This means a loss of $20,500 million. Yesterday, in the German market, which Apple categorizes with no much liquidity, the shares of the technology giant fell 8%, which in absolute value represents a loss of around 26,000 million dollars.

Steve Jobs has left the daily management of the business in Tom Cook’s hands, Apple’s Operations director, but he said he will remain being part of the important decisions in the company. At earlier 2009, Jobs already left Apple to Cook, when he submitted a liver transplant.

Apple is the second largest stock exchange in the world for this reason, the leadership of Cook taking the reins of the company does not cause much fear, but losing the executive chief itself does it. Jobs did not announce the date of his return to the company as he did when he underwent to the liver transplant. This time he said he will return as possible.