Sadly, Steve Jobs is experiencing health related issues though from the letter, it’s not clear what the "complex" issues are. Note to media: Let us move on now with the news out of the way and allow this pioneer of technology some well deserved privacy. – Ilene
Steve Jobs Steps Down Temporarily For Health Reasons (AAPL)
Excerpt: Apple (AAPL) CEO Steve Jobs will take a medical leave of absence until the end of June. Apple COO Tim Cook will take over for Steve Jobs until then. Apple shares are down 13% to around $76.50 in after-hours trading.
In a letter to Apple employees, Steve said, "during the past week I have learned that my health-related issues are more complex than I originally thought."…
CNBC’s Jim Goldman says he spoke to two well known tech execs last week, one expressing "dire concerns" about Jobs’ health. Another exec said Jobs was in a "state of denial" about his health. (We wonder why Goldman kept this secret until now?)…
Apple CEO Steve Jobs today sent the following email to all Apple employees:
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
Full article here.