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Thursday, June 25, 2009
Apple investors fume while AAPL stock rises 70-percent

Investors and media pundits say Apple should have told shareholders about Steve Jobs’ liver transplant. Among many others voicing similar sentiments, Warren Buffett:

Some people might think I’m important to the company. Certainly Steve Jobs is important to Apple. So it’s a material fact. Whether he is facing serious surgery or not is a material fact. Whether I’m facing serious surgery is a material fact.

Puhleeze. Apple’s stock went up 70-percent during Jobs’ medical leave. What’s to complain about?

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