Steve Jobs to Take Leave of Absence from Apple

Steve Jobs to Take Leave of Absence from Apple.jpg

According to CNBC and MacRumors, Apple says CEO Steve Jobs is taking "a leave of absence," citing health reasons. Story developing. More info as it comes to us.

Apple CEO Steve Jobs sent the following email to all Apple employees today.

Team,
I am sure all of you saw my letter last week sharing something very personal
with the Apple community. Unfortunately, the curiosity over my personal health
continues to be a distraction not only for me and my family, but everyone else
at Apple as well. In addition, during the past week I have learned that my
health-related issues are more complex than I originally thought.

In order to take myself out of the limelight and focus on my health, and to
allow everyone at Apple to focus on delivering extraordinary products, I have
decided to take a medical leave of absence until the end of June.

I have asked Tim Cook to be responsible for Apple’s day to day operations, and
I know he and the rest of the executive management team will do a great job. As
CEO, I plan to remain involved in major strategic decisions while I am out. Our
board of directors fully supports this plan.

I look forward to seeing all of you this summer.

Steve

Apple stock remained active in after market trading.