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Apple: Jobs on medical leave

Published on: January 17, 2011 at 10:04 AM ET
Kim LaCapria
Written By Kim LaCapria
News Writer

Two years after Steve Jobs’ liver transplant, the Apple CEO is taking another leave for medical reasons.

Per The New York Times , Jobs’ impending absence was explained to employees with a letter, in which Jobs says he is keen to return to Apple as soon as he can, but stops short of providing reasons for his absence:

Team,

At my request, the board of directors has granted me a medical leave of absence so I can focus on my health. I will continue as CEO and be involved in major strategic decisions for the company.

I have asked Tim Cook to be responsible for all of Apple’s day to day operations. I have great confidence that Tim and the rest of the executive management team will do a terrific job executing the exciting plans we have in place for 2011.

I love Apple so much and hope to be back as soon as I can. In the meantime, my family and I would deeply appreciate respect for our privacy.

Steve

Spies at Apple say Jobs has been less healthy in recent weeks, cutting his schedule to two days a week and appearing to be emaciated. Apple futures fell this morning in foreign markets on word of Jobs’ illness- American markets are closed today in observance of Martin Luther King, Jr. Day.

TAGGED:Applesteve jobs
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