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Apple Disclosures About Jobs To Face SEC Review

Posted by CmdrTaco on from the they-really-hate-turtlenecks dept.

suraj.sun writes "US regulators are examining Apple Inc.'s disclosures about Chief Executive Officer Steve Jobs's health problems to ensure investors weren't misled, a person familiar with the matter said. The Securities and Exchange Commission's review doesn't mean investigators have seen evidence of wrongdoing, the person said, declining to be identified because the inquiry isn't public. Bloomberg News reported last week that Jobs is considering a liver transplant as a result of complications after treatment for cancer, according to people who are monitoring his illness."

2 of 187 comments (clear)

  1. Ethical Question: SHOULD HE EVEN GET A LIVER? by wisebabo · · Score: 4, Interesting

    So, let's say Jobs needs (I guess his doctors would decide if he needed it) a liver. Where does he get it? I mean, in the U.S., the scarce organs available for transplant are decided (I think) by some medical board that determines the medical usefulness(?) of the organ to the patient. That is, will it help the patient live a substantially longer, healthier life.

    I don't think that they take into consideration the person's wealth or any other measure of that person's *value* to society. So, even if billions of dollars of market capitalization are at stake and millions of customers depend on his brilliance, he may be turned down for say, a 16 year old girl who has her whole life in front of her. I could be wrong though, there may be some provision for "importance" to society. Anybody know the answer? (Of course the medical board's answer may be different from what you think it should be!)

    Now, living as I do in a third world country, I can see how Jobs could easily fly here and "procure" one if he needed it. (I'm not saying that he'd take one from a living person of course, just that he would get bumped up to the front of the line). Wouldn't look too good for Apple's image to so openly go around the American system but he would save his life (and presumably Apple). I'm afraid to say that as an Apple fanboy I'd rather him do that than die.

  2. Re:leave steve alone! by EastCoastSurfer · · Score: 4, Interesting

    So Apple just manufactures iPods? Actually it's quite the opposite, they don't do any of their own hardware manufacturing and instead come up with the ideas for hardware and farm out their creations to 3rd parties often in China.

    Software is simply the expression of an idea.

    Apple is very much an idea company.