Posted: Thursday, 24 July 2008 6:58AM

JOBS SAYS HE IS CANCER FREE

    Cupertino - Apple investors breathed a sigh of relief yesterday after the New York Times published a report saying Steve Jobs is apparently free of cancer.

    Jobs' health has been a subject of discussion since this year's MacWorld conference, where he appeared on stage thinner than he's looked in years.

    Analysts estimate Apple's stock could plunge as much as 25% if Jobs were to unexpectedly step down from his job.

    Jobs was treated four years ago for pancreatic cancer.

    The Times says Jobs told board members he was now cancer-free, and had some nutritional problems that led to the weight loss.

    Apple shares rose 2% yesterday.

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