‘What About Steve?’

Jobs' absence looms over Wall Street call

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On Wednesday, Apple announced a record second quarter, with profits soaring 95 percent and revenue up 83 percent. But there was a big question mark looming over Apple’s hour-long conference call with Wall Street. “What about Steve?” one analyst finally asked.

"He is still on medical leave . . . but we do see him on a regular basis," was the response of company COO Tim Cook, who has been running the show in Jobs’ absence. "He continues to be involved in major strategic decisions, and I know he wants to be back full time as soon as he can."

Jobs, a cancer survivor, has had a long history of serious health issues (he was diagnosed with pancreatic cancer in 2004 and underwent a liver transplant in 2009) and has taken several medical leaves, the most recent of which was announced this past January. “I love Apple so much and hope to be back as soon as I can,” he said at the time.

The only statement that Jobs gave yesterday came in the form of a few quotes in a company press release. “With quarterly revenue growth of 83 percent and profit growth of 95 percent, we're firing on all cylinders,” he said. “We will continue to innovate on all fronts throughout the remainder of the year.”

@adweekemma emma.bazilian@adweek.com Emma Bazilian is Adweek's features editor.