* Apple CEO and other tech executives meet Obama
* National Enquirer publishes photo of thin Jobs
* Apple shares slip
(Adds readout from meeting, paragraphs 5-7)
By Matt Spetalnick and Gabriel Madway
WOODSIDE, Calif., Feb 17 Apple Inc. (AAPL.O)chief executive Steve Jobs, on medical leave from the company
he co-founded, attended a meeting of technology industry
leaders with U.S. President Barack Obama in northern California
Jobs, a pancreatic cancer survivor, was joined by Facebook
founder Mark Zuckerberg, Google Inc (GOOG.O) Chief Executive
Eric Schmidt, Oracle CEO Larry Ellison ORCL.O and other
members of the Silicon Valley elite for talks with Obama at a
venture capitalist's sprawling estate outside San Francisco.
Jobs, 55, a high-tech visionary who has come to embody
Apple's turbulent history and some of the industry's most
cutting-edge products, stepped away from the company on medical
leave last month. It was the third time in seven years that he
has taken time out because of health reasons.
Obama's two-day West Coast visit was aimed at promoting
technological innovation to help boost the struggling U.S.
economy and reduce stubbornly high unemployment -- considered
crucial to his 2012 re-election chances.
Obama met with 12 leaders from technology companies and
discussed ways to work together to invest in innovation and
promote private sector job growth, White House Press Secretary
Jay Carney said after the meeting.
"The president specifically discussed his proposals to
invest in research and development and expand incentives for
companies to grow and hire, along with his goal of doubling
exports over five years to support millions of American jobs,"
"The group also discussed the importance of new investments
in education," Carney said, adding that Obama expressed a
desire to keep the dialogue going.
The meeting was also part of Obama's efforts to mend fences
with the U.S. business community after his Democrats were
routed in the November congressional elections, and garner
support for a $3.7 trillion budget proposal released this week
and already facing stiff Republican resistance.
The National Enquirer on Thursday published pictures that
purported to show Jobs arriving at the Stanford Cancer Center
in Palo Alto, California.
A spokeswoman for Stanford Hospital declined to comment.
The company has refused to provide any details on Jobs'
health, comment on the recent reports or say when he might
return from leave.
Shares of Apple closed down 1.3 percent in Thursday's
Jobs was not seen by a pool of White House reporters who
were kept out of sight of participants at Thursday's working
dinner at venture capitalist John Doerr's secluded home in the
affluent suburb of Woodside. But a White House official
confirmed that all those on the guest list were present.
Jobs had surgery in 2004 for an unusual type of tumor on his
pancreas called a neuroendocrine tumor. He had a liver
transplant in 2009. [ID:nN17291018]
Chief Operating Officer Tim Cook is running Apple's
day-to-day operations while Jobs is on leave.
Analysts noted that Jobs' health problems are widely known
by investors, who are not likely to be shocked by Internet
"I find it puzzling that he would be on campus and
'working' from home if he was that sick," said Peter Misek, an
analyst at Jefferies. "Seeing him go into a cancer treatment
facility shouldn't be a surprise."
Jobs had been seen in recent weeks on Apple's campus in
Cupertino, California. The company has said he will continue to
be involved in major strategic decisions.
Known for his idiosyncratic style, Jobs rescued the
computer maker from near death in 1996 after a 12-year absence
from the company he co-founded.
The launch of the iPhone, a smartphone with a touchscreen
in 2007, and the iPad, a tablet computer in 2010, forged new
business lines for the company that created the personal
computing category and helped lead the technology industry into
White House spokesman Jay Carney said ahead of Thursday's
meeting: "This is a part of our economy that has been a huge
contributor to economic growth in the last several decades and
we expect will continue to be."
Other executives attending the meeting with Obama were:
Carol Bartz, president of Yahoo! (YHOO.O); John Chambers,
chairman of Cisco Systems (CSCO.O); Dick Costolo, CEO of
Twitter; Reed Hastings, CEO of NetFlix (NFLX.O) ; Art
Levinson, chairman of Genentech ROG.VX; and Steve Westly,
managing partner and founder of The Westly Group.
Obama will wrap up his trip on Friday with a visit to
Hillsboro, Oregon, where Intel Corp (INTC.O) CEO Paul Otellini
will give him a tour of the company's advanced semiconductor
(Additional reporting by Patricia Zengerle; Editing by Dave
Zimmerman and Jackie Frank)