Apple probed over Jobs' health - report

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Securities and Exchange Commission investigates

US financial regulator the Securities and Exchange Commission will investigate the way Apple has handled chief executive Steve Jobs' ongoing health issues, according to a report.

Bloomberg reported in the US overnight that the SEC would investigate Apple's disclosures about Job's health "to ensure investors weren't misled", citing sources familiar with the inquiry.

Both the SEC and Apple had declined to comment on whether an inquiry was underway, Bloomberg reported.

Apple had remained silent about Jobs' health despite a string a public appearance by a gaunt-looking chief executive which sparked concerns about his fitness to continue in the job.

Jobs is seen as a primary driver behind Apple's success, which saw the company emerge from the doldrums of the 1990s to launch a range of successful products including the iMac personal computer, iPod music player and iPhone mobile.

Mr Jobs successfully fought pancreatic cancer in 2004, but his recent appearance renewed concerns about his health. Two weeks ago Mr Jobs finally made public statements about his health, saying he had nutritional problems.

But last week he
announced the problems were more complex than he had thought and that he would take sick leave until the end of June.

— MIS Australia

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