Steve Jobs to Take Medical Leave of Absence

According to a letter sent to all Apple employees today, CEO Steve Jobs will go out on medical leave to focus on his health. His leave has been granted by the board of directors. Tim Cook will handle day-to-day operations at Apple, but Jobs will continue to handle “major strategic decisions.”

I have asked Tim Cook to be responsible for all of Appleā€™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.

It is not known why Jobs needs a leave of absence at this time. It is well-known, however, that he has had pancreatic cancer and had a liver transplant in the past.

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.

Apple’s quarterly earnings report is scheduled for tomorrow. It’s doubtful that we will learn more from Apple about Steve’s health as they have not been very open on the subject before.

via RWW