Apple (AAPL) Jobs Rumors Flare Up Again

How easy is it to get rumors flying about Apple Inc. (Nasdaq: AAPL) Steve Jobs health? Apparently easier than the Fed and Ben Bernanke.

Today one analyst even put the speculation in print, downgrading Apple on the news Jobs will not give the keynote speech at Macworld this year. Oppenheimer downgraded Apple to Market Perform from Outperform, saying maybe Jobs is not feeling well, or maybe he just has nothing new to say. The firm said the unexpected announcement has underscored the greatest risk to Apple's long-term success—its dependence on Jobs' health and its apparent lack of a succession plan. They said Apple needs to either disclose the state of his health or elaborate a viable plan for eventually transferring power.

Apple is down 5% this morning as the cancelled speech has investor worried again. While the pull-out is unlikely related to Jobs' health, the speculation is now back in full-force. Will the sell-off create a buying opportunity?

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