Oppenheimer is completely wrong!
Today, after the New York Post stirred up the ongoing concerns about the health of Steve Jobs, it put the company on the defensive as it got ready to report its quarterly numbers.
When asked about the condition of Steve Jobs on the conference call, Chief Financial Officer Peter Oppenheimer responded, "He has no plan to leave Apple. Steve's health is a private matter."
Oppenheimer is totally wrong with that answer. With no succession plans in place, and the refusal of Apple (Nasdaq: AAPL) to publicly divulge his condition, it puts investors in a difficult place that a public company has no right to put them.
Possibly more than any company in America - for better or worse - Steve Jobs makes Apple Inc. at this time. There's no question as to his influence and impact within and upon the company. So if there are concerns about the health of the 53-year-old Jobs, it is the right of shareholders to know what it is.
It's not like people want to know because of their curiosity, they have their money tied up in a company that completely counts on Jobs to bring it forward. That gives them the right to know Jobs' health condition.
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