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Apple chief Steve Jobs takes medical leave of absence
Apple chief Steve Jobs is taking medical leave of absence because of "complex" health issues, sparking worries about the future of the iconic maker of iPhones, iPods and Macintosh computers. In an email to employees on Wednesday, Jobs said he is going on leave "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." Jobs, 53, a cancer survivor who disclosed on January 5 that he was being treated for a "hormone imbalance," said that since that time "I have learned that my health-related issues are more complex than I originally thought." "I have asked (chief operating officer) 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," he added. "As CEO, I plan to remain involved in major strategic decisions while I am out," said Jobs. "Our board of directors fully supports this plan." The price of Apple's stock plunged 7.07 percent to 79.30 dollars in after-hours trading following the announcement.
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