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Apple stocks fell last week after the National Enquirer published photographs of Steve Jobs as he was leaving the Stanford Cancer Center in Palo Alto, Calif., where Radar magazine says he has been getting medical treatment.

PHOTOS: Four Candidates To Replace Steve Jobs

The grainy, color photographs were to be  examined by doctors hired by the Enquirer who had never met or treated Jobs for any ilness. In the images, Jobs appears gaunt, frail and with thinned hair.

Jobs took a leave of absence from Apple six weeks ago to undergo treatment for an unknown medical condition. The Enquirer is claiming Jobs’ illness is pancreatic cancer, which the Apple founder had battled as recently as 2009.

With news and images of what appears to be Jobs floating around as well as a meeting with President Obama last week, wild rumors are spreading about the release of the iPad2 and the iPhone 5. The reports came from two Taiwanese analysts who reported that production on both models have been halted due to design flaws. Today, Apple Insider is reporting that those rumors are false, and that even the mere existence of these devices are simply rumors.

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A photo from February 8, 2011 published by the National Enquirer.

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A photo from February 8, 2011 published by the National Enquirer.

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A photo from February 8, 2011 published by the National Enquirer.

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Left (from President Obama): Apple chairman and CEO Steve Jobs, Westly group founder Steve Westly, host’s wife Ann Doerr, Google CEO Eric Schmidt, Genentech chairman Art Levinson, Cisco Systems CEO John Chambers, venture capitalist John Doerr (host) Oracle CEO Larry Ellison, Netflix CEO Reed Hastings, Stanford University president John Hennessy, Yahoo president Carol Bartz, Twitter CEO Dick Costolo, unknown, Facebook founder, president and CEO Mark Zuckerberg.