According to CNBC:
Shares of Apple [AAPL 286.9156 -4.2484 (-1.46%) ] recovered after falling nearly 6 percent following speculation that Tim Cook, a top executive, would be going to Hewlett-Packard [HPQ 41.58 0.32 (+0.78%) ] to replace former CEO Mark Hurd, but analysts dismissed the rumors, saying Cook is a favorite to succeed Apple's CEO Steve Jobs.