Jobs Lives On

Bloomberg.com: Worldwide: "Apple Rebounds After Saying Reports of Jobs Heart Attack False

By Connie Guglielmo

Oct. 3 (Bloomberg) -- Apple Inc. rebounded in Nasdaq trading after the computer maker said unconfirmed reports this morning that Chief Executive Officer Steve Jobs had a heart attack and was hospitalized are false.

The reports are ``not true,'' Apple spokesman Steve Dowling said in an interview.

The shares fell as much as 5.4 percent after a post on CNN's citizen journalist Web site, called iReport.com, citing an anonymous source who said Jobs was rushed to the hospital after suffering a ``major heart attack.''

Jobs's health has been an issue of concern for investors since he had surgery four years ago to treat pancreatic cancer. He appeared visibly thinner at a company event in June, raising speculation he was ill.

Jobs told members of Apple's board in July that he is cancer-free and dealing with nutritional problems after his cancer surgery, which can lead to weight loss, the New York Times reported, citing people close to Jobs.

Apple, based in Cupertino, California, rose $1.84 to $101.94 at 10:14 a.m. New York time on the Nasdaq Stock Market."

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