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Steve Jobs Is Still on the Clock

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You can't keep a good man down -- especially from running a company with a $326 billion market cap.

According to the Wall Street Journal, Steve Jobs' health concerns have not prevented the Apple CEO from staying involved with the company. Speaking with those infamous folks "familiar with the matter," the Journal says Jobs continues to weigh in on Apple's strategic decisions and product development. Along with conducting meetings from home and over the phone, sources confirm that Jobs has since visited the Cupertino campus for business affairs.

The Journal reports that of the products Jobs is working on, the next generation iPad and iPhone are his chiefest concerns. Both are due later this year on Verizon and AT&T.

An Apple spokesperson confirmed Jobs' involvement. "Steve is the CEO of Apple and during his medical leave he'll continue to be involved in major strategic decisions." But in the meantime, COO Tim Cook is serving as interim CEO and keeping day-to-day operations identical to those under Jobs.

Apple hasn't released any word on Jobs' progress and his absence remains indefinite.

(See also: What's Apple Changing in the iPad 2?)
POSITION:  No positions in stocks mentioned.