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Yesterday morning CNN's iReport website announced that Steve Jobs was admitted to the hospital due to chest pain. This was according to a "citizen journalist". When asked about the ordeal, Apple flat-out denied the rumor was true. So, the short answer to if he is in the hospital is, no.

Apple stock fell 5.4% after the announcement on iReport from user, "johntw". They claimed that Mr. Jobs had a "major heart attack", which was the cause for the hospital stay.

Later in the day shares of Apple stock went back up, by $3.53 to $103.63.

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written by admin \\ tags: Apple, News, Steve Jobs

Steve Jobs just confirmed that the new iPhone 3G has a kill switch, in case if any malicious software gets through their store and into consumers iPhones. It is a smart move on Apple's part to have such a plan in place but a lot of people are questioning why they didn't tell the public this information any sooner. Avi Greengart, an analyst with Current Analysis said,

"The kill switch is a very controlling gesture. I am not sure why Apple didn't disclose it up front as simply a security measure. Consumers will accept an awful lot if you let them know what they are accepting."

With Apple's position, Jobs said, "Hopefully we never have to pull that lever, but we would be irresponsible not to have a lever like that to pull."

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written by admin \\ tags: iPhone, iphone 3g, News, Steve Jobs

Here's a flashback to 2005; Steve Jobs gives a Stanford Commencement Speech.

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written by admin \\ tags: Apple, Steve Jobs, Video