Jobs back on the job at Apple
After a six-month medical leave, Jobs will be working from his Cupertino, Calif.-based office a few days a week and from home the other days, Apple's chief spokesperson Steve Dowling told many media outlets today.
Apple successfully launched the iPhone 3G S this month and the company appears to have been well-run by its chief operating officer Tim Cook. Even so, there's no question that folks outside the company view Jobs as the creative genius behind such hit products as the iPod. His long-anticipated return also quells uncertainty --something investors despise.
"Having Steve Jobs back means they got the visionary back," Piper Jaffray & Co. analyst Gene Munster told Bloomberg News. Munster said investors could be confident about Apple's three- to five-year plan with Jobs back at the helm.
Apple had said in January that Jobs would return at the end of June. Last week, CNBC reported that Jobs was seen at Apple's offices. Also in January, Dowling told Bloomberg News that there is a succession plan in place for Jobs, who is 54. Dowling didn't comment on the plan, calling it "confidential for obvious reasons." The company hasn't elaborated on those plans since.
Apple, known for its secrecy, also hasn't discussed Jobs' health following his recent liver transplant in Tennessee. But doctors have said he is recovering well. As long as his health is good, investors will be pleased to have Jobs back at work.
Anthony Massucci is a senior writer for DailyFinance. You may follow him on Twitter at hianthony.