Apple stock drops as Steve Jobs takes leave for health issues

It’s pretty much a foregone conclusion that when negative news of Apple CEO Steve Jobs crosses the wire, Apple stock is going to drop. That’s been the case today upon news that Jobs is taking a health leave from Apple until the end of June. Jobs will remain CEO, but has put Tim Cook in charge of day to day operations and will be “… involved in major strategic decisions …” but that hasn’t prevented Apple stock from dropping 2.71% as of 4:00 p.m. today.