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Jobs' health issues aside, I think if he is able to he will definitely be back to Apple. Simple reason, he enjoys it too much. Perhaps it is true he has accomplished what he wanted to, but there is nothing in Jobs that makes me think he would be content to stop there.
I can't retype the whole thing here so I'm just going to give you a link to a post I made which makes the argument that Steve Jobs does enjoy it too much and that's exactly why he won't be back. See here: http://tomstechblog.com/post/Ie28099m-Not-Sure-Steve-Jobs-Is...
The less-sick Jobs is, the more likely he is to have left for other reasons and thus for him not to return for those same reasons (assume those other reasons are more permanent - things like wanting it life, having accomplished "his task" or whatever).

That said, cancer has many complexities and variations. It's possible to have very worrisome test results but be completely a-symptomatic. That the cancer and treatment were obvious in 2004 doesn't mean that they would be today.

Also, repeated bouts of uncertainly are certainly bad for Apple's stock.

In summary - The author has a feeling that Steve Jobs isn't going to return to Apple because he's been successful.

History tells me that Steve Jobs' past successes inspire him even more. I believe, if he can physically return to Apple, he will.

I'm skeptical about this guy's argument. It leaves out one critical fact: Jobs' personality. He lives for his work. When he was kicked out of Apple (in the '80s) it was the most miserable time of his life. He doesn't want to be a VC or a playboy. He wants to feel like he's part of something really big.
Ummm...do you have a reference for that first claim? Jobs founded NeXT right after he left Apple and in interviews I've seen he's praised his time at NeXT
And so begins the rash of articles and stories chasing eyeballs and pageviews and speculating about whether or not Steve will return to Apple...

If history is any sort of bellweather for this, he definitely will if he's at all able to. He loves Apple and he loves what he does.

There have been many moments these past few years where one could've said that Steve's "accomplished everything he ever wanted to accomplish."

He'll be back if he can. I find it hard to believe that entrepreneurs have fixed goals.
Oh, please. What milarcky. People who are motivated by product do it for the kicks. This is love for Jobs, not money. If his health stays, he will be back. He doesn't know anything else.
another "Steve Jobs is God" articles, yay!!! I wonder if he ever gets tired of hearing how much the world loves him, and how his poo must smell like flowers...