Apple Says Steve Jobs Hands Over Day-to-Day Operations

This afternoon, executives told shareholders that Apple Chief Executive Steve Jobs is still involved in pressing company decisions, despite ceding control over operations.  They also waved off questions about reports of a possible regulatory probe into disclosure.

In an hour-long annual meeting at Apple's California headquarters, executives were careful to stick to their earlier statements while answering questions about Jobs.

They also opted not answer any questions about reports that the U.S. Securities and Exchange Commission was looking into Apple's conduct in disclosing Jobs' health problems, which are expected to keep the widely respected executive sidelined until June.

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