Steve Jobs takes a leave of absence for medical reasons

Steve Jobs takes a leave of absence for medical reasons
No wonder Apple's Chief Operating Officer Tim Cook was there when unveiling the Verizon iPhone last week. Apple's CEO Steve Jobs announced that he is taking a leave of absence from Apple for medical reasons, but will still remain the CEO, and will be involved with strategic decisions. It is just that the day-to-day grind will be taken over by Tim Cook, the COO, or at least that's what it is made to sound like, probably not to scare the investors, or give fuel to rumormongering.

Last time he took a medical leave of absence in 2009, Steve Jobs was gone for six months following a liver transplant, hopefully it is something less serious now. Here is the whole text of the email, sent to Apple's employees:

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

What do you think, now that the next generations of the iPad and iPhone seem to be in full swing, does it matter that Apple's stock on Wall Street will probably take a beating? Is Apple resilient enough to withstand the withdrawal of its charismatic CEO, who obviously needs a break?

source: Apple

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13 Comments

1. mikael unregistered

apple will survive , he planned his legacy and has shaped it . we should respect his wishes for privacy. hope he does well.

2. calamazoo unregistered

exactly my thoughts, Apple is a well-oiled machine now... get well, Steve!

3. XxVerbalxX unregistered

as much as i dislike steve jobs and apple, i'm not a fan of anyone being sick, especially after something so serious as a liver transplant. so good luck and best wishes steve. besides, if he's out ill when android surpasses apple the fanboys will have an excuse ;)

8. JeffdaBeat unregistered

I just think it's funny that people can say they dislike someone they've never met (other than Sarah Palin). I have a bunch of friends that I disagree with, but I still like and love them as my friends. You dislike Steve Jobs because of how he runs his company...how about you say, I dislike the way Steve Jobs runs his company instead of Steve Jobs himself...whom you don't know...

12. milk unregistered

@JeffdaBeat You have snake bites...

4. ribbonsalmark

Posts: 84; Member since: Jan 06, 2011

No stocks today. MLK day.

5. Slammer

Posts: 1515; Member since: Jun 03, 2010

I'm not a fan of Apple but I'm a worse fan of a debilitating disease. May Steve recover with complete success. I wish him well in a speedy recovery. Sincerely, John B.

6. palm dev2.0 unregistered

I HATE Apple but, I respect and admire Steve Jobs get well soon.

7. Epic unregistered

I don't like Apple at all but hope Steve gets well soon. An Apple a day keeps the doctor away!!(Sorry,I had to say it XD)

9. Droid_X_Doug

Posts: 5993; Member since: Dec 22, 2010

This is version 2.0 of the medical leave of absence. Tim Cook and company were able to shepherd things along during version 1.0 (if memory serves, most of the work on the iPad was done during version 1.0), so I suspect Apple as a company will do fine during the short to intermediate term (out through release of the iPhone 5). The unknown is what happens after. Best wishes to Steve for a speedy recovery.

10. CRICKETownz

Posts: 980; Member since: Oct 24, 2009

that's good to see people demonstrate maturity and not bash Mr. Jobs in his medical leave. guess there is respectable bloggers on PA after all.

11. protozeloz

Posts: 5396; Member since: Sep 16, 2010

I personally think jobs has done a great work with apple even tho I don't like some of his methods i think being in a moment of weakness is no something to bash on, i just hope he gets better, this may also serve him as a way to refresh hid mind a little... and i hope we see him back in good health

13. saurabh arora unregistered

steve, all the best wishes to you and your family hope to see you back soon.

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