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June 19th, 2009

Jobs recovering from liver transplant; re-ignites debate over privacy rights

Posted by Sam Diaz @ 9:52 pm

Categories: Apple

Tags: Steve Jobs, Wall Street Journal, Financial Accounting, Finance, Sam Diaz

Apple CEO Steve Jobs had a liver transplant in Tennessee about two months ago and is said to be recovering well, according to a Wall Street Journal report that cites unnamed sources. Jobs still is expected to return to work later this month, as expected, though he may come back on a part time basis. (Techmeme)

The Journal sent Jobs an email seeking comment but received no reply. Company spokeswoman Katie Cotton provided the Journal with a brief statement: “Steve continues to look forward to returning at the end of June, and there’s nothing further to say.”

The report goes on to debate whether the company should have disclosed to shareholders that Jobs was going to undergo surgery, especially because Jobs was on medical leave at the time and not running the company. The newspaper quotes a Washington lawyer who counsels corporate boards on governance matters but has never advised Apple as saying that material information only needs to be disclosed if shareholders are being asked to make a decision based on that information.

So that brings us back to the big question that’s been out there since Jobs illness became an issue after his appearance at last year’s Worldwide Developer’s Conference. When it comes to Steve Jobs’ medical condition, which is more important: Jobs’ right to privacy or the public’s right to know?

Previous coverage: Jobs’ medical leave: right to privacy vs right to know

When Steve was running the show, I would have absolutely said that the shareholders have a right to know if the CEO is seriously ill. After all, as the face of Apple, Jobs has put himself in the spotlight as the company’s pitchman for the cool must-have gadgets that Apple is famous for. If something happened to him, it could have an impact on the company - and shareholders have a right to know that.

But in this case, I have to say that it’s none of anyone’s business if Steve Jobs is undergoing treatments of any sort - whether it be a simple blood test or a transplant. Steve, in essence, walked away from the company and left Chief Operating Officer Tim Cook holding the reins.

Under Cook, the company managed to get through Macworld and a developer’s conference, as well as launch a new iPhone, a new iPhone OS and readjust the notebook lineup and price list. Just this week, people once again lined up to be the first to get their hands on a new iPhone.

Steve Jobs is a great pitchman but he alone does not make Apple the company it is.

Sam Diaz

Sam Diaz is a senior editor at ZDNet. See his full profile and disclosure of his industry affiliations.

Email Sam Diaz

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  • Talkback
  • Most Recent of 59 Talkback(s)
So...
So, 'Natal' is innovative? No. Is it evolutionary. Perhaps. It is very clever Do you really think that Sony and Nintendo aren't researching the same or similar? Did you mean casual gamers? Casu... (Read the rest)
Posted by: SimonUK2 Posted on: 06/23/09  (Edited: 06/23/09 @ 08:09) You are currently: a Guest | | Terms of Use
Steve alone DOES make Apple the company it is  interlocutor | 06/20/09
agreed  elllroy | 06/20/09
Top Apple engineers are Steve's groupies  interlocutor | 06/22/09
Top Apple engineers are Steve's groupies  JOHN_TUOHY | 06/22/09
RE: Jobs recovering from liver transplant; re-ignites debate over privacy rights  steveearly@... | 06/20/09
Business 101  eqpc | 06/20/09
If true, that would be pretty shady  NonZealot | 06/20/09
This is so ********  CrashPad | 06/20/09
You car to provide some facts to support that?  BitTwiddler | 06/22/09
agreed  Badgered | 06/22/09
RE: You car to provide some facts to support that  Stan57 | 06/22/09
You car to provide some facts to support that?  JOHN_TUOHY | 06/22/09
Rather unscrupulous man ?  gatorgal615 | 06/22/09
Sour Grapes  robertmro | 06/22/09
I can't imagine Jobs and the hospital staff  Michael Kelly | 06/21/09
Bingo!  Timpraetor | 06/22/09
OH BS!!!!!  i8thecat | 06/22/09
You are apparently not a stock trader  Timpraetor | 06/22/09
Absolutely agreed!  samofdetroit | 06/22/09
Not a good sign  eMJayy | 06/20/09
I wouldn't say that is necessarily true  Pliny the Elder | 06/20/09
Quick correction:  msalzberg | 06/20/09
re: Quick correction  SamDiazZDNet Moderator | 06/20/09
I'll go along with that...  msalzberg | 06/20/09
How sad that we can't have a rational discussion about this topic  NonZealot | 06/20/09
A Hair Split Moment  DannyO_0x98 | 06/20/09
When I read the entire WSJ piece...  msalzberg | 06/20/09
The Ghost of Ben Bradlee  DannyO_0x98 | 06/20/09
I agree with the article  churnd | 06/20/09
Apple was under bad leadership  JOHN_TUOHY | 06/22/09
Even though  Economister | 06/20/09
Same coming thoughts from me, he is  NeoGeneration | 06/20/09
RE: Jobs recovering from liver transplant; re-ignites debate over privacy r  DannyO_0x98 | 06/20/09
Maybe so, but  Economister | 06/20/09
Really?  DannyO_0x98 | 06/20/09
Everyone is not entitled to the same privacy  Cayble | 06/22/09
Disagree with this  ozguy | 06/20/09
I replied to some of this elsewhere  DannyO_0x98 | 06/20/09
I think the public knows what a medical leave of absence really means  Michael Kelly | 06/21/09
Your statements are correct ...  Timpraetor | 06/22/09
It does absolutely matter  Timpraetor | 06/22/09
I believe in the "Run Over By A Bus" rule  Ken_z | 06/21/09
What has the company done in the last six months  Michael Kelly | 06/21/09
Accidental Death is covered in the SEC regs  Timpraetor | 06/22/09
Suggested program for SJ  johnfenjackson@... | 06/21/09
No Steve Jobs, No Innovative Apple, Inc.  Solid Jedi Knight | 06/21/09
WOW!!!  SimonUK2 | 06/22/09
Re: WOW!!!  tikigawd | 06/22/09
So...  SimonUK2 | 06/23/09
Windows 7 RC - good but nothing really new...  ladyirol | 06/22/09
Maybe Jobs Could Introduce A New Product...  Kromaethius | 06/21/09
This tells us more about the Wall Street Journal...  epcraig | 06/21/09
RE: Jobs recovering from liver transplant; re-ignites debate over privacy rights  Loverock Davidson | 06/22/09
STEVE JOBS OVER RATED  JOHN_TUOHY | 06/22/09
He did not "Walk Away", he took a break.  Timpraetor | 06/22/09
Your correct.  phatkat | 06/22/09
My sentiments exactly  tikigawd | 06/22/09
They did clearly communicate Jobs' health status  Michael Kelly | 06/22/09
RE: Jobs recovering from liver transplant; re-ignites debate over privacy r  CycloneHog | 06/22/09

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