Steve Jobs Could Come Back To Launch New Iphone At WWDC

Apple's Messiah, Steve Jobs, could come back after six months off to announce the company's next generation iPhone smartphone in 72 hours at the Worldwide Developers Conference (WWDC) in San Francisco.

The event, which is the summum of Apple's year, almost always witness the release of some of the company's flagship products and services and it couldn't come at a better time.

Apple's share price has recovered significantly and has posted a massive 62.34 percent increase over the last 30 days, outperforming the Nasdaq index considerably.

The event, which is sold out, may witness the return of Jobs, who had to take some time off due to health problems. So successful is the event that session videos will be available for purchase shortly after the conference.

Apple has refused to comment on the rumours and decline to say when its charismatic CEO would be back. A spokeswoman for the firm said: "There is no comment on this beyond what [Apple spokesman] Steve Dowling said in the WSJ article: 'We look forward to Steve returning to Apple at the end of June'."

The company does have a succession plan in place in case the worst happens but it has been kept confidential until now. Apple's share prices fell 7.2 percent when the company announced that its CEO was taking a six month sabbatical.

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Our Comments

It is a good news that Apple has a definite plan to get a replacement for Jobs and it would be great to see the mentor come back. But even if Jobs returns to Apple, it is more than likely that COO Tim Cook will continue to run the daily operations leaving Jobs to sketch the overall strategy of the company.

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