Steve Jobs, Apple's CEO, is taking a medical leave and Time Cook (COO) is filling in. Here is the media release from Steve Jobs. Apple's stock on the Frankfurt Stock Exchange fell 7.96%. U.S. markets were closed for Martin Luther king Day. Click the chart for a larger view (APC.F, Apple Inc. - Yahoo Finance).
"Apple Inc. Chief Executive Officer Steve Jobs took a leave of absence as his health deteriorates from battling a rare form of cancer and the effects of a liver transplant he had almost two years ago, according to a person with knowledge of the situation." (read more at Bloomberg.com)
Nasdaq 100 E-Mini March 2011 Future -1.13%, 2293.75
S&P 500 E-mini March 2011 Future -0.35%, 1285.25
*UPDATE: ES (S&P) +0.29% and NQ +0.36% at 3:30am eastern. Carry on as usual? We'll see what happens tomorrow. AAPL is 19.74% of the Nasdaq 100 ETF, QQQQ.