Steve Jobs to return to Apple

Steve Jobs is said to return to Apple as scheduled, after six months of abscence due to health conditions. It is being speculated that Steve Jobs will make his comeback on Monday, in San Francisco, where Apple will hold its annual Worldwide Developers Conference. It is also being said that Steve Jobs will probably unveil a new version of the Iphone.

Despite the fact that Steve Jobs is the central figure for Apple, his abscence has not worried investors as Apple's stock has risen quite substantially, even with him not at the helm of the company. This has made clear to investors and analysts, that Apple can go on without Steve. 

As you can see from the charts, when Steve left Apple on medical leave in January, Apple's stock price was trading at around $80-90, and now it's above $140, a very nice growth in it's price if you ask me.

 

However, due to psychological reasons, derived from behavioral finance, be sure that if Steve returns on Monday, Apple's stock price will rise.