Apple investors' worries about Jobs may be easing
Investors seem to be getting comfortable with Apple Inc.'s stable of executives amid uncertainty about Steve Jobs' return to the helm of the consumer electronics titan he founded. Apple shares have surged in the 10 weeks since Jobs stepped away on a five-month medical leave.
The stock is up more than 45 percent since it bottomed out at a two-year low on Jan. 20, days after Jobs, a pancreatic cancer survivor, announced he would hand over day-to-day duties to lieutenant Tim Cook to seek treatment for an undisclosed condition.
"The management team is pretty good," said Bob Turner, chief investment officer for Turner Investment Partners. "I would say don't short-change the team that's in place now."
