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Edition: U.S. Article Comments (0) Video Email Print Reprints Follow Reuters Analyst Research Report Title Price Market Edge Equity Research Report Provider: Market Edge $10.0 Buy Trading Report for (VOD). A detailed report, including free correlated market analysis, and updates. Provider: Stock Traders Daily $18.0 Buy Thomson Reuters Stock Report - VODAFONE GROUP PUBLIC LIMITED COMPANY (VOD-LN) Provider: Thomson Reuters Stock Report $30.0 Buy NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here. Apple faces Jobs questions, even as sales set to soar Tweet This Share on LinkedIn Share on Facebook By Gabriel Madway SAN FRANCISCO (Reuters) - Apple Inc is set to report a stunning 50 percent jump in quarterly sales on Tuesday, as its iPhone and iPad excited holiday shoppers, but the consumer electronics powerhouse may face more pressing... Related News Jobs' illness - again, more questions than answers Mon, Jan 17 2011 Information vacuum on Apple CEO seen fueling speculation Mon, Jan 17 2011 Apple COO Cook steps up, again Mon, Jan 17 2011 Apple's magician Steve Jobs on medical leave again Mon, Jan 17 2011 Timeline: Key dates in health problems of Steve Jobs Mon, Jan 17 2011 Timeline: Apple milestones and product introductions Mon, Jan 17 2011 Instant view: Apple's Steve Jobs takes medical leave Mon, Jan 17 2011 Analysis & Opinion Apple needs more formal delegation of Jobs’ power Top 10 tech investing trends for 2011 Related Topics Technology » Hot Stocks » Asian Markets » Personal Finance » iPad » Stocks Related Video Apple's Jobs takes medical leave Mon, Jan 17 2011 Apple CEO Steve Jobs unveils the latest improvements to the company's Mac software during a news conference at Apple Inc. headquarters in Cupertino, California October 20, 2010. Credit: Reuters/Norbert von der Groeben By Gabriel Madway SAN FRANCISCO | Tue Jan 18, 2011 1:29am EST SAN FRANCISCO (Reuters) - Apple Inc is set to report a stunning 50 percent jump in quarterly sales on Tuesday, as its iPhone and iPad excited holiday shoppers, but the consumer electronics powerhouse may face more pressing questions about the health of iconic chief executive Steve Jobs. The world's most valuable technology company announced on Monday that Jobs would take a medical leave of absence without specifying a return date or detailing Jobs' condition, leaving investors in an information vacuum. The surprise announcement -- made on a U.S. market holiday -- dragged Apple shares down more than 6 percent in European trading. They are up 62 percent in the past 12 months on the Nasdaq stock exchange. "Steve Jobs is seen by the market to be a major force in Apple's strategic direction," said Richard Windsor, global technology specialist at Nomura. "If his pancreatic cancer has returned, one could be quite worried." Jobs' latest leave comes nearly two years after he took a six-month break to undergo a liver transplant. He also took time off after pancreatic surgery in 2004. Apple has not dwelt on Jobs' health, and Jobs himself asked for respect for his privacy in a memo to employees made public on Monday. In Jobs' absence, it will be up to chief operating officer Tim Cook to decide how much to tell investors about the absent chief executive, and what Apple plans to do with its $50 billion-plus pile of cash and investments. Less of a showman than Jobs, the 50-year old Alabama native is not expected to make any grand pronouncements. But he is regarded as a safe pair of hands for the company, having stood in for Jobs successfully twice before. In Asia, tech shares gained, helped by hopes of a recovery in chip prices and expectations that nimble firms may slow the runaway success of Apple after the news that Jobs would take medical leave. Still, analysts said the impact on Apple's operations and its Asian rivals and partners should be limited in the short-term given a strong product line-up. "Apple's roadmap is all set and its iPhone 5 is ready to go, leaving little room for competitors to cut into its share," said Bonnie Chang, an analyst at Yuanta Securities in Taipei. HUGE HOLIDAY SEASON Aside from Jobs' health, the company is entering 2011 on a roll, a cash-generating machine with surging sales across its product lines, even as it confronts rivals determined to halt its stunning run of success. Wall Street is expecting Apple's quarterly revenue to swell more than 50 percent to more than $24 billion after a bumper holiday shopping season. That would be a sparkling performance for a company of any size, much less one with a market value above $300 billion. Apple's advantages are well-documented: the global spread of the iPhone, which is expected to sell more than 60 million units this year; the rise of the iPad, which single-handedly created the tablet computing market; and continued strong growth from the resurgent Mac line of computers. 1 2 Next Technology Hot Stocks Asian Markets Personal Finance iPad We welcome comments that advance the story directly or with relevant tangential information. We try to block comments that use offensive language, all capital letters or appear to be spam, and we review comments frequently to ensure they meet our standards. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. Comments (0) Be the first to comment on reuters.com. 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