News Column

Concerns Grow Over Google Boss' Health

June 22, 2012
Google

Concerns grew Friday about the health of Google head Larry Page after it was announced that he would be missing some key corporate events in the coming weeks.

Page, 39, missed Google's annual general meeting earlier this week, because, according to the company, he had lost his voice.

However, the announcement that Page would also miss a crucial Google developers' conference next week as well as its second quarter earnings call set for next month prompted speculation that his health problems may be more serious.

The case also prompted comparisons with Apple's handling of Steve Jobs' health problems, in which it gave out only the barest details of the medical conditions that eventually caused his death last year.

JP Morgan analyst Doug Anmuth on Friday pondered to clients whether or not the CEO's health problem was being downplayed by Google.

"Co-founder and CEO Larry Page was not present at the shareholder meeting," Anmuth wrote in a note to investors on Friday which was quoted on the website BGR.com. "Google indicated that he had lost his voice and was unable to speak at the meeting, and also that he would not be speaking at next week's Google I/O developer conference or the company's 2Q earnings call."

The analyst continued, "We have no specific reason to think there is anything more to Larry's condition, but we find it odd that the company would already rule him out of the 2Q call which is likely still a few weeks away. We think this could raise some questions among investors. We note that Larry does not appear to have posted on Google+ since May 25."



Source: Copyright 2012 dpa Deutsche Presse-Agentur GmbH


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