Posts tagged ‘Steve Jobs’

August 30, 2011

Steve Jobs: who’s going to protect us from cheap and mediocre now?

Apple has moved from its early anti-establishment image to being the best-managed high-tech giant – and an arbiter of taste

View Original Source:  http://www.guardian.co.uk/technology/2011/aug/29/steve-jobs

guardian.co.uk, Monday 29 August 2011 19.51 BST

Article history

Apple's Steve Jobs: an arbiter of taste. Photograph: Paul Sakuma/AP

Not so fast.
Until the last sinew, the last synapse gives up, Steve will continue to influence the company he co-founded and later recreated. Seeing he could no longer ”meet [his] duties and expectations as Apple‘s CEO”, Jobs kicks himself upstairs and becomes chairman, director, and “mere” Apple employee. In a distant future, I see him haunting the circular hallways of Apple’s Cupertino spaceship, the Commendatore hunting the clock punchers and damning the linear thinkers straight to hell.

Let’s review. In 1983, Apple’s board of directors felt that Steve required “adult supervision”. John Sculley, the designated grown-up, replaced Jobs as chief executive and eventually pushed him out of the company.

Fast forward a decade and a half. In 1997, Steve returns to run his company unchallenged … but not unassisted. The Apple 2.0 management team, hand-picked, well-groomed, isn’t so much a stroke of genius as it is an emblem of the enfant terrible all grown up. As the Fortune chart below shows, Apple has no lack of ”bench strength” – and who’s providing the adult supervision now?

With Steve as chairman, Tim Cook, Apple’s long-time chief operating officer, moves to the centre of the chart. He joined the company 13 years ago, has always reported directly to Steve and saw his responsibilities increase over time. He now drives the team that made Apple the most valued and valuable high-tech company in the world.
As for ourselves: No whining. It’s our job, as consumers, to protect ourselves, to vote with our wallets against the bean counters, the “paint by numbers” product planners. It’s our place to provide ”constructive feedback” when Apple products fail to meet the combined aesthetic and functional standards Dear Leader drilled into the marketplace. From MobileMe to “skeuomorphic” calendars, address books and bookshelves — to say nothing of fresh Lion bugs. Steve’s Apple may not be perfect, but…

A portentous example: The 1998 Bondi Blue iMac, the first visible re-assertion of Steve’s style – and of Jony Ive’s portfolio in the making:

Immediately iconic, users adored their iMacs. The unexpected shape and colour set a new standard for high-tech products, so much so Apple competitors tried to rub the amulet for luck – and showed us what they really stood for: Cheap, imitative mediocrity. I recall going to Palo Alto’s Fry’s store and seeing beige PC clone boxes with candy-coloured plastic inserts that approximated the iMac palette.

As a Forbes article put it, speaking of Dell’s similar fig-leaf attempt:
“Dell, ever concerned with keeping its inventory low, seems to be approaching coloured notebooks in a much less risky way, using cheaper plastic inserts. Of course, the appearance of the Inspiron doesn’t inspire the way the first iMacs and iBooks did.”

The aesthetic knock-offs weren’t just cheap, they were ugly. The inserts looked even worse than the faux-wood ”accents” on Chrysler dashboards. No cojones, no imagination, no taste.

Fast forward a bit more: Steve introduces the Apple Store. We’ll pass over the record-beating numbers and address the two messages the store imparts.
First, the architecture, an expression of the Apple ethos, says: ‘This is what we think of ourselves’.
Second, once inside the store, the experience states: ‘Here’s what we think of our relationship with you, our customer’.
In comparison, I see carriers trying to spruce up their store fronts with shiny metal appliqués – but go inside and you find cheap trade-show modular furniture.

Taste matters. Let’s turn to this YouTube video of the opening of an Apple Store clone. Not a Chinese counterfeit but a Microsoft store in Scottsdale, Arizona. It starts much like the “real” thing: Happy customer, rows of high-fiving employees, a decor that looks familiar. But 40 seconds into the one-minute video, we get the “tell”, the killer detail that gives the imitation away. Here we get the men in suits and ties:

Still more evidence of Steve’s influence: Just as HP decides to spin off its PC business (or perhaps not), PC clone makers demand an additional $100 subsidy per ”ultra-portable” laptop from Intel. Why? They want to compete with Apple’s increasingly popular MacBook Air. It seems that the “Apple tax”, the premium we’re willing to pay for quality, isn’t enough to dissuade us.

PC clone makers can’t match Apple’s cost or its bill of materials (BOM). The way Apple procures parts and subsystems, the way it runs contract manufacturing and stays on top of complicated but delicate distribution logistics is evidence of the company’s aggressive supply-chain management (SCM). Steve – and thus Apple – understands that the channels need to be fed just so, neither starved nor stuffed.

I found the BOM story interesting and looked up current ultra-portable prices. Who better than Sony in that product category? I went to their site and got this:

A nice MacBook Air competitor starting at $1969. The real thing starts at $1299.
Quite a reversal of the old world order and, I hope, a source of satisfaction for Jobs.

Spanning an amazing arc of 30 years, the company with the anti-establishment image has become the most disciplined, best-managed high-tech giant – and arbiter of taste.

When I first met Steve, in February 1981, he was sitting cross-legged on a credenza in the Apple board room, picking his toes. Since then I’ve watched with glee as he went against received wisdom, causing pundits to have fits at every turn. I picture them as a gaggle of eunuchs standing around the caliph’s bed, braying in high-pitched voice: “Steve, you’re doing it wrong!”

For a long time, I’ve seen him as having an animal inside him, the one with the desires, the instinct, the drive. In 1985, that animal threw Steve to the ground. He picked himself up at Pixar – you’d be a captain of industry for doing no more – and NeXT. Then, in 1997, armed with Pixar’s success and Next’s technical prowess, he came back to run Apple and make it really his.

He had learned to ride the animal.

Steve and Tim both speak, rightly, of Apple being at the crossroads of technology and humanities, liberal arts. In tribute to Jobs’s aesthetic sense, and why it deeply matters, I’ll conclude with a quote from Herman Hesse‘s Steppenwolf:
Before all else, I learned all these playthings were not mere idle trifles invented by manufacturers and dealers for the purposes of gain. They were, on the contrary, a little or, rather, a big world, authoritative and beautiful, many sided, containing a multiplicity of things all of which had the one and only aim of serving love, refining the senses, giving life to the dead world around us, endowing it in a magical way with new instruments of love, from powder and scent to the dancing show, from ring to cigarette case, from waist buckle to handbag. This bag was no bag, this purse no purse, flowers no flowers, the fan no fan. All were the plastic material of love, of magic and delight. Each was a messenger, a smuggler, a weapon, a battle cry.

JLG@mondaynote.com

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August 26, 2011

Steve Jobs Trumps CEO of $5 Trillion Economy: William Pesek

View Original Source:  http://www.bloomberg.com/news/2011-08-26/steve-jobs-trumps-ceo-of-5-trillion-economy-commentary-by-william-pesek.html

William Pesek

Things are bad when a world leader quitting registers less than a corporate executive. That’s what Naoto Kan gets for bowing out the same week as Steve Jobs.

Markets reacted immediately to news of Jobs’s departure from Apple Inc. (AAPL); there was barely a ripple after Kan cashed out and paved the way for Japan’s sixth prime minister in five years. Since Jobs returned to Apple’s top spot in 1997, Japan has had nine premiers. Next week, it will have yet another.

It may seem odd to compare the leadership of a company with helming the third-largest economy. Yet what does it say about a nation of 127 million people when Kan stepping down is considered a sideshow internationally to the sexier whither- Apple story?

It says the world is tuning out Japan’s $5 trillion economy. Never mind that Japan is home to some of Asia’s biggest markets and has the region’s most international currency. The place is just too dysfunctional for many investors who can easily find healthier returns elsewhere. It also explains why Japan’s credit rating will continue to grind lower in years ahead.

Yet of all the questions we should be asking today, this one may be most important: Is Japan politically unstable or is it, oddly, too stable for its own good?

Unmemorable Leaders

Moody’s Investors Service cited the former this week when it cut Japan’s rating one step to Aa3. Japan’s problem, though, is an impenetrable structure that repels the ideas and policies of leader after leader with nary a hiccup.

Japan isn’t really run by prime ministers, and the next one will quickly learn that frustrating fact. The commonly-accepted line on Kan is that his 14-month government was undone by a backlash over his leadership after the March 11 earthquake and tsunami, the nation’s deepest postwar crisis. In truth, Kan was pushed out by Japan’s ever-spinning political revolving door for trying to exact change.

The former activist came in talking big about attacking the group that really runs the nation: Japan’s vast bureaucracy. Kan wanted to pull decision-making out of bureaucrats’ hands, reduce their perks and ban them from the corrupt practice of taking cushy jobs after they leave government at the companies and power utilities they once oversaw. If you want to know why radiation is leaking from nuclear power plants in Fukushima, look no further than this incestuous practice.

Resisting Change

The nameless, faceless officials who run Japan resist change of any kind. Anything that might upset the fiefdoms they built up in decades on the job must be thwarted. The result is a system on autopilot with bureaucrats refusing to tell the prime minister how to switch to manual control.

Early in Kan’s tenure, his Cabinet struck fear in the hearts of bureaucrats with public hearings into their bloated budgets. The effort fizzled out when Kan realized he would get absolutely nothing done if Tokyo’s pencil pushers felt embattled.

Kan’s days were numbered for attempting to shake up Nagatacho, Japan’s answer to Capitol Hill. His demise accelerated the moment he set his sights on Japan’s powerful nuclear industry. With Fukushima leaking radiation into the nation’s food and water supplies and seismologists fretting about more big earthquakes, Kan moved to deemphasize Japan’s reliance on reactors for power. At that point, the knives really came out.

Spinning Faster

Japan’s revolving door is spinning faster than ever. When a Kan replacement is named next week, the duration of Japanese leadership will fall below a one-a-year average. You can just see the bureaucrats laughing at the Democratic Party of Japan’s promise to break their hold on the country.

It’s an incredible curiosity how Japan pulls it off. It’s a safe, highly literate, well-functioning nation that boasts some of the longest life spans anywhere and a relatively egalitarian socioeconomic structure. Yet the world is changing rapidly around Japan and it won’t wait for Tokyo to finally get seriously about raising the economy’s game.

Japan needs to learn how to grow without the artificial stimulants of zero interest rates and the world’s largest public debt. It needs to prepare for an aging workforce and embrace increased immigration to offset that dynamic. It needs to tweak tax laws to encourage entrepreneurship to create new jobs. It must empower its female population to do more than work in supporting roles for men. It must increase competitiveness.

None of this is afoot. Since change won’t come from the bureaucrats, it must derive from a visionary leader with the courage and perseverance to take on Japan’s labyrinthine and shadowy power structure. It can’t happen with the nation replacing its prime minister every several months.

That’s why Jobs’s resignation got more attention than Kan’s: Investors know that, for better or worse, things are about to change at Apple. They can’t say the same about Japan.

(William Pesek is a Bloomberg View columnist. The opinions expressed are his own.)

To contact the reporter on this story: Willie Pesek in Mumbai at wpesek@bloomberg.net

To contact the editor responsible for this story: James Greiff at jgreiff@bloomberg.net

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Stephen on Steve: The most important man on Earth

‘He completely changed the way that human beings live’

View Original Source:  http://www.theregister.co.uk/2011/08/26/stephen_on_steven/

By Team RegisterGet more from this author

Posted in Bootnotes, 26th August 2011 14:38 GMT

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Legendary tech opinion-former Stephen Pie is currently in Mongolia filming for the dramatised bio-documentary of the life of J R R Tolkien, Not Another Fucking Elf – expected to be one of the mega-hits of 2012 – in which he plays the great writer’s imaginary pygmy butler confidante, Boggy. However he found time to send us his thoughts on the passing from our mortal ken of his close personal friend Steve Jobs.

Mr Pie, one of a select group of beta testers trialling the upcoming iPad Nano combination mini-fondleslab/voice-call device, was hampered by poor 5G cellular coverage in Ulan Bator and thus had to phone his thoughts in on a poor-quality intercontinental HF hookup. We’ve done our best to transcribe the results.

It’s Stephen here … I’m very happy to talk about Steve Jobs because he’s someone I’ve been lucky enough to be very, very close to for some time …

I don’t think there has ever been a human being on the planet as important … Steve has proven conclusively that passion and good taste are more important than having a hard <interference> …

He had invented … the idea of the home computer … then the Mac, which leapt forward in terms of user interface, with the menus, the mouse … clicking … email, the web … I could go on …

Of course when I say he invented it, he didn’t invent it, someone else did that … the idea that you have to be an inventor is nonsense … Hitler didn’t invent the telephone, Margaret Thatcher didn’t invent the handbag, Genghis Khan didn’t invent, you know, er, the hammer …

Steve Jobs has always understood that as human beings our primary relationship with anything is a sexual one. Take architects …

People go to work with strip lighting, ghastly carpets … we don’t tolerate them. Computers are like buildings, people visit them every day … he [Jobs] thought that they [the people?] should be smooth, and beautiful … a building can be witty and charming, and delightful, so can a person …

He [Jobs] thought that holding something in your hand, something that you should use to connect to other people, should bring a smile to your face … it’s something you should cradle, should love and have an emotional relationship with, and if people think that’s a bit onanistic, then, um, the success of Apple is proof of how right they are …

People don’t hate people because they drive a gold Maserati rather than, an, um, what do ghastly-carpet people drive, a Vauxhall … but when it comes to religion … if you think that someone is an Apple person you not only don’t let them have their Apple, you have to let them know how much you hate them and everything they stand for …

Steve Jobs, as well as being the most successful businessman of his era [?], has divided society … people have become “fanbois”, as people perceive me to be … in fact, as I hope you know, my love is not for humans but for the whole field of technology, I am celibate except when it comes to my thing which I hold in my hand … I would love it if every company was as, as dirty, as easy to use, as innovative as Apple …

But I’m not here to justify what I do to myself, I’m here to talk about a remarkable man … when we think of living in the age of Donald Trump or Neville Chamberlain, which we can’t do, people will look back on us and think, “this was the Age of Steve Jobs” … he changed the world, he changed the cultural landscape, he changed me from a doleful comedian into, well, whatever it is that I have become … a being of pure light I suppose …

You know the motor car, well it completely changed the way human beings live … obviously not quite so much in places where nobody’s got cars or for people who don’t have them … my thing in my hand is like a car, throbbing …

Well, he [Jobs] turned computing into an enjoyable experience where you could have a direct physical encounter with a small device like the iPhone, and whole new experiences with the iPad … he did it with passion, and always in the best possible taste …

I mourn his leaving the world of, of, of, of computing and the directness of contact that he’s had … as a man … I would like to call him a kind of friend …

It is a remarkable moment in the history of our time … there are few more important people on the planet … if I’d said that 10 years ago, you’d have thought I was completely insane …

I’ve gone on far too long, you can’t possibly play all of this … I’ve just said what I felt I needed to say.

The truly remarkable thing is how little of this is made up. ®

March 18, 2011

Steve Jobs, Apple CEO, captured looking rail-thin, sickly, in new photos

 

Cached:  http://www.nydailynews.com/news/national/2011/03/18/2011-03-18_steve_jobs_surfaces_shocking_photos_show_gaunt_apple_ceo_but_hint_he_may_be_maki.html

BY Ethan Sacks
DAILY NEWS STAFF WRITER

Apple CEO Steve Jobs, has been captured looking sickly and shockingly thin in a series of new photographs.

Pictures surfaced Thursday of the rail-thin Apple chairman – his black sweatshirt hanging loosely over his lanky frame – walking into a Los Angeles restaurant to meet a friend for lunch the day prior.

The 56-year-old Jobs announced in January that he was taking a leave of absence from the company in order to deal with health issues. Though he has not disclosed the nature of his ailment, it is widely assumed he is battling cancer; Jobs survived a rare form of pancreatic cancer in 2004, and underwent a liver transplant five years later.

Jobs’ ongoing health battles are a hot topic in tech circles and on Wall Street. When he took a year-long leave in 2008 and 2009 to have the liver transplant, the price of Apple stock dropped more than 20 percent, only to spike upon his return to the company.

Apple stock is down nearly four percent in the past two days, having dropped over 13 points.

The new photographs of Jobs come some two weeks after he took the stage at Apple’s unveiling of the iPad2 in San Francisco – shortly after a report from the National Enquirer that quoted doctors saying he had just weeks to live.

“We’ve been working on this product for a while, and I just didn’t want to miss today,” Jobs told the cheering audience during the March 2 event.

Despite his health woes, Jobs has vowed to return to the company which he turned into an industry power and revitalized with the introductions of the iPhone and iPad.

Just this week he sent a memo to Apple employees in Japan pledging the company’s support following the devestating earthquake and tsunami.

“Our hearts go out to you and your families, as well as all of your countrymen who have been touched by this tragedy,” he wrote.

WENN.com. A gaunt-looking Steve Jobs is photographed Wednesday as the Apple CEO met a friend for lunch in a Palo Alto restaurant.

WENN.com. Steve Jobs has been on a health-related leave of absence since January.

February 21, 2011

Apple to face CEO question at annual meeting

MarketWatch.com

Fund wants more transparency on succession plan in Jobs’ absence

Cached:  http://www.marketwatch.com/story/apple-succession-plan-in-focus-as-investors-meet-2011-02-21?reflink=MW_news_stmp

By Dan Gallagher, MarketWatch

Feb. 21, 2011, 5:00 a.m. EST

SAN FRANCISCO (MarketWatch) — For years, Apple Inc. occasionally has been pressed to tell the world its plans for life after Steve Jobs. But officials have continually put off the matter.

Now, as the iconic chief executive’s health returns to the spotlight, a shareholder group is forcing the issue onto the agenda of Apple’s annual meeting coming up on Wednesday.

With management saying little about Jobs’ condition, the issue will take on its highest profile to date as shareholders vote on requiring more transparency about succession plans for the post Jobs has held for the last 14 years since his return to the company that he co-founded back in 1976.

It’s unknown whether Jobs, who turns 56 the next day, will show up for the meeting at Apple /quotes/comstock/15*!aapl/quotes/nls/aapl (AAPL 350.56, -7.74, -2.16%)  headquarters in Cupertino, Calif. A representative for Apple declined to comment.

Apple has faced similar questions in the past. Jobs skipped the annual meeting two years ago, when he was in the midst of a six-month leave of absence for a then-unspecified health condition. It was later learned that he underwent a liver transplant in that period.

Five years before that, Jobs had surgery to treat pancreatic cancer. He took off a month in mid-2004 to recuperate.

Last month, Jobs told Apple employees that he would be taking another leave of absence “so I can focus on my health” but he withheld specifics of his condition. As in times past, chief operating officer Tim Cook was handed the reins during Jobs’ absence.

Resolution on the ballot

What’s different today is a shareholder group has formally demanded that Apple provide more details about its CEO succession planning.

Sponsored by the Central Laborer’s Pension Fund in Jacksonville, Ill., the shareholder resolution calls on Apple’s board to adopt and disclose a written “succession planning policy.” Under such a policy, the board would review its succession plan each year, maintain an emergency succession plan and “identify and develop internal candidates.”

Apple opposes the measure, saying it has already abides by many of the proposed policies. The company further argues and that going public with its “confidential objectives and plans” — as demanded in the proxy’s Proposal No. 5 — isn’t in shareholders’ best interest.

That proposal “requires a report identifying the candidates being considered for CEO, as well as the criteria used to evaluate each candidate,” Apple said in its printed response to the measure in its proxy statement. “By publicly naming these potential successors, Proposal No. 5 invites competitors to recruit high-value executives away from Apple.”

An Apple spokesperson said the company would have no further comment on the proposal beyond what’s in the proxy statement.

Jennifer O’Dell, spokeswoman for the Laborer’s International Union of North America, who will represent the pension fund at the meeting, disputed Apple’s characterization of the measure, saying it doesn’t call on the company to publicly name potential candidates.

“What we’re looking for is disclosure that they have a plan and regularly review it,” O’Dell said in an interview. “We want to see some transparency.”

The union has pressed similar measures at other companies. It pushed a shareholder vote on Whole Foods Market last year, which went down to defeat, but the company agreed to make further disclosures on succession planning. The group is pressing a similar proposal at Intel Corp. /quotes/comstock/15*!intc/quotes/nls/intc (INTC 22.14, +0.17, +0.77%)  , and O’Dell says Hewlett-Packard /quotes/comstock/13*!hpq/quotes/nls/hpq (HPQ 48.67, +0.05, +0.10%)  has agreed to adopt a similar measure.

The California Public Employee Retirement System is supporting the resolution. The fund holds a little over 2.2 million Apple shares — less than 1 percent of total shares outstanding.

“Succession planning is a systemic, persistent problem at a lot of companies,” said Calpers spokesman Clark McKinley. “Apple’s done a phenomenal job, and we’re happy to have them in the portfolio. We just think succession planning is important.”

Other shareholders say the company has been open enough about succession planning.

“It would obviously be bad management not to have a succession plan, but Apple’s been aware of this issue for some time,” said Sean Krauss, chief investment officer of CitizensTrust, who has been an Apple shareholder since 2005. “But I don’t see the need to pinpoint Apple in this regard.”

Conflicting signals

Unlike the leave he took in 2009, Jobs this time left the length of his absence open-ended.

The result has been massive amounts of speculation and rumors in the media as to his status. Apple’s highly successful run over the last decade, thanks to popular products such as the iPod, iPhone and iPad, have cemented Jobs’ legacy as an innovator and visionary, and also created the impression that the company may be harmed by his departure.

“The major risk in the Apple story is Steve Jobs’ heath,” wrote Needham analyst Charlie Wolf in a note to clients last month after Jobs announced his latest leave. “Risks arising from the competitive landscape pale in comparison.”

Apple shares dipped in the days following Jobs’ most recent announcement, but since recovered — setting a new record high of $363.13 earlier this week.

The CEO’s health status is unclear. A story in the Wall Street Journal last weekend quoted unnamed sources as saying Jobs has remained “closely involved” with the company while on leave, taking meetings at his home and by phone. Read the Wall Street Journal report on Jobs’ work.

He was also quoted in the company’s news release this past week announcing a new plan to charge for subscription content over the company’s App Store. In addition, he was also among several top tech executives to meet with President Obama during a visit to the area on Thursday.

Offsetting that was a story in the National Enquirer tabloid purportedly showing pictures of a frail-looking Jobs visiting the Stanford Cancer Center in Palo Alto on Feb. 8. The Enquirer story was widely circulated on tech blogs and other news organizations on Thursday.

O’Dell, the representative of the Laborer’s International Union of North America, said her group hasn’t held talks with Apple about its proposal. She added that the measure wasn’t motivated because of Jobs’ health struggles, but because recent events place the issue in a brighter light.

“I imagine it’s a touchy issue for them right now,” O’Dell said. “But of all the years to have this discussion, this is the year. We wish Steve the best, and hope he lives forever, but we need to have a plan in place. Because we are long-term investors, we are going to be here for the long haul.”

Kraus of CitizenTrust said it would be a “huge negative” if Jobs were to leave his post at Apple permanently, though the company would likely be fine in the short term.

“But over the long term, the company would be missing the person who brought that creative impetus and drive,” Kraus said. “I don’t think the stock is anticipating a permanent removal of Jobs from Apple.”

Dan Gallagher is MarketWatch’s technology editor, based in San Francisco.

February 20, 2011

New picture emerges of gaunt Apple boss Steve Jobs at dinner with Obama and Silicon Valley elite

Cached:  http://www.dailymail.co.uk/news/article-1358951/New-picture-emerges-gaunt-Apple-boss-Steve-Jobs-dinner-Obama-Silicon-Valley-elite.html

By Daily Mail Reporter
Last updated at 9:39 PM on 20th February 2011

 

Steve Jobs, shown here (2/17/2011) with an unidentified man at Thursday's meeting for America's wealthiest entrepreneurs. The Apple boss has been dogged by rumours about his health

An image of gaunt Apple boss Steve Jobs at a meeting with U.S. President Barack Obama last week for America’s wealthiest internet entrepreneurs has emerged.

The image, distributed by a news agency, appears to have been taken on a mobile phone. it shows Mr Jobs standing next to an unidentified man.

It is unclear who took the photograph.

The White House had only released two images from the meeting in northern California on Thursday.

They showed Mr Obama with Facebook CEO Mark Zuckerberg, and a view of all the leaders making a toast around a table.

In that image, Mr Jobs’ back is to the camera. He is the only one there who has not raised his glass fully, his elbow still resting on the table.

 

Guest list: One of the images released by the White House of Thursday's dinner (2/17/2011). Left, from President Obama, Apple chairman and CEO Steve Jobs, Westly group founder Steve Westly, host's wife Ann Doerr, Google CEO Eric Schmidt, Genentech chairman Art Levinson, Cisco Systems CEO John Chambers, venture capitalist John Doerr (host) Oracle CEO Larry Ellison, Netflix CEO Reed Hastings, Stanford University president John Hennessy, Yahoo president Carol Bartz, Twitter CEO Dick Costolo, unknown, Facebook founder, president and CEO Mark Zuckerberg

Mr Jobs has been battling pancreatic cancer. Fears were growing over his health after pictures were published last week showing him looking extremely gaunt and with thinning hair.

They were apparently taken of the Apple boss in Palo Alto, California.

A spokesman at the hospital declined to comment.

The pictures were published by the National Enquirer, who quoted medical experts who claimed that, based on the images, they believed Mr Jobs only has about six weeks to live.

Mr Jobs, 55, stepped away from the company on medical leave last month. It was the third time in seven years that he has taken time out because of health reasons.

The high-tech visionary has come to embody Apple’s turbulent history and some of the industry’s most cutting-edge products.

The company has refused to provide any details on Jobs’ health, comment on the recent reports or say when he might return from leave.

Mr Jobs was not seen by a pool of White House reporters who were kept out of sight of participants at Thursday’s dinner at venture capitalist John Doerr’s secluded home in the affluent suburb of Woodside.

But a White House official confirmed that all those on the guest list were present.

Mr Jobs had surgery in 2004 for an unusual type of tumor on his pancreas called a neuroendocrine tumor. He had a liver transplant in 2009.

Chief Operating Officer Tim Cook is running Apple’s day-to-day operations while Mr Jobs is on leave.

Analysts noted that Mr Jobs’ health problems are widely known by investors, who are not likely to be shocked by Internet reports.

‘I find it puzzling that he would be on campus and ‘working’ from home if he was that sick,’ said Peter Misek, an analyst at Jefferies.

‘Seeing him go into a cancer treatment facility shouldn’t be a surprise.’

Mr Jobs had been seen in recent weeks on Apple’s campus in Cupertino, California.

The company has said he will continue to be involved in major strategic decisions.

Known for his idiosyncratic style, Mr Jobs rescued the computer maker from near death in 1996 after a 12-year absence from the company he co-founded.

The launch of the iPhone, a smartphone with a touchscreen in 2007, and the iPad, a tablet computer in 2010, forged new business lines for the company that created the personal computing category and helped lead the technology industry into new directions.

White House spokesman Jay Carney said ahead of Thursday’s meeting: ‘This is a part of our economy that has been a huge contributor to economic growth in the last several decades and we expect will continue to be.’

Along with Mr Jobs and Mr Zuckerberg, the meeting was also attended by Google CEO Eric Schmidt, Oracle CEO Larry Ellison and other members of the Silicon Valley elite.

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