Analyst: Steve Jobs must be feeling better
Piper Jaffray analyst Gene Munster says Steve Jobs’ physical appearance at Let’s Rock — a widely-anticipated Apple special event scheduled for Tuesday at 1 p.m. EDT in San Francisco — will reassure investors and boost the company’s share price.
In a note to clients Monday, Munster doesn’t claim to have any inside information about the health of Apple’s (AAPL) CEO, who had a cancerous tumor removed from his pancreas in 2004 (see “The trouble with Steve Jobs“). At his last public appearance in June (pictured right), Jobs looked surprisingly thin, setting off several rounds of speculation about what might have caused his weight loss (see here).
Rather, Munster’s belief that Jobs’ appearance Tuesday will be a “slight positive” for the stock is based on the assumption that Jobs would not be going on stage if he didn’t feel — and perhaps more important, look — well enough to reassure investors.
“We are confident that Steve Jobs will be presenting and we anticipate his appearance at the event to be viewed as a positive,” Munster wrote under the heading Steve Jobs’ Appearance Will Be Key. Apple has not confirmed that Jobs will speak Tuesday, although the Apple chief typically makes the new product announcements at big media events like Let’s Rock.
“While some investors are concerned that Jobs will not deliver the keynote,” wrote Munster, “we have reason to believe he will. Therefore, we believe his health has improved since the June event, which would be a positive for the stock.”
Munster goes on to outline his expectations for Tuesday’s event: a redesigned iPod touch and a new iPod nano along with price cuts and capacity changes for the shuffle and classic.
One “unlikely wildcard,” he adds, “could be updated AppleTV hardware features like live TV recording (DVR) or other digital living room accessories for the iTunes ecosystem (such as wireless speakers).”
For more speculation about Apple TV, see Tuning in to Apple TV 3.0
Jobs should drop down and bust out 20 pushups at the start of his presentation. That’d shut ‘em up!
I think Mr. Gates in a shoe store with Jerry Sienfield proclaiming him a size 10 is a bigger story!
He might want to avoid wearing black like he always does. Its slimming.
Are you kidding?! He already was wearing a “fat suit” the last time he appeared on stage.
(joking)
What happened to the saying that you can never be too thin or too rich? And yet the media must think that Steve has already achieved both and now they’re running it into the ground every chance they get.
I think the only way to confront this problem head-on is for Steve to wear a fat suit on stage.
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If this “improvement” is real - he might drop down and bang out 20 push-ups. My guess however is that he’s finally gotten smart enough to visit a good cosmetic surgeon and with some judicious use of facial fillers augmenting the areas where he has lost all facial fat and fullness, we’ll find a much more youthful appearing Mr. Jobs speaking to us from the podium at this upcoming event.
Fully 2/3rd of the male CEO’s in this country have had a “little work” done. Jobs probably would have done so by this time, too, had he not been pre-occupied with saving his life from a nasty type of cancer. He went through a grizzly surgery (which of course the company minimized) and we saw the after effects on his face last time round. He is in good physical shape, but the loss of the fat pads in the face - which in his case were exacerbated badly by his illness and recovery, combined with the normal aging process that men go through as they pass that big 50 and move onward toward 60 - really showed on Steve.
Also, it may be time to say adios to his “signature” black sweater and jeans and put on some well tailored slacks and a sweater that has a bit more bulk, both of which would tend to a.) make him look more ‘age appropriate’ and b.) give the illusion of a little more meat on his bones as well.
Any Beverly Hills Matron knows there’s a time to hang up the Versace’ short skirts and all-but-a-hooker plunging necklines and opt for something as fashionable but more classically elegant. Mr. Jobs is in need of the same fashion advice along with the requisite bits of surgery to maintain the youthful looks.
Hell, once CEO we know well spent over $50k on a facelift, some lipo, and of course works out three times a week with a private trainer and has a full time nutritionist preparing every morsel that he ingests. The result is that he facially looks 35, his body looks like a worked out, buffed-but-not-to-excess 40, and then he let his dark hair go natural and now it’s about 50% silver. The stark silver/white temples and sparkling white hair mingled with his once brunette locks, coupled with the face and body of a man nearly 30 years his junior give the appearance of robust good heath, and yet he doesn’t appear at all conscious of his age or appearance in the slightest, due to the fact that he doesn’t color his hair to cover the gray. He also dumped the Brioni suits that were his ‘trademark’ for decades and now can be seen in his office most days in very high end Armani sportswear. When he needs to be in a meeting where his ‘youthful’ image is important, he chooses not power suits, but again, well cut and tailored Armani and Brioni Sport combos. Still the boss, but a much younger and more aware version of ‘the boss’. This guy has run his company in a very competitive field for nearly 24 years now and looks better than he did the day he was promoted to President all those decades back! But every few months he visits his doc who renews and refreshes the botox and restalyne to make sure there are no tell-tale wrinkles or lines and that the face is as full as a twenty-five year old man’s would be. Considering he’s making a few million per year plus his stock options which would make anyone wealthy - his investment in protecting his position was a sound one. Very damned sound indeed.