Steve Jobs Isn't Dying

Apple CEO Steve Jobs disclosed in a public letter on Monday that he has been recovering from a hormone imbalance.

Battling rumors that he is near death, Apple CEO Steve Jobs disclosed in a public letter on Monday that he has been recovering from a hormone imbalance that has caused him to lose weight. After Jobs decided not to give his annual Macworld keynote, the Internet was abuzz with rumors that the CEO's health was in serious jeopardy and that he was suffering from a recurrence of pancreatic cancer, which he recovered from four years ago. Jobs said doctors told him and blood tests had confirmed that the hormone imbalance is depleting proteins in his body. Shareholders reacted positively to the news that Jobs would continue to serve as Apple's chief exec, boosting Apple shares more than 3 percent so far today.