A memo from Steve Jobs confirms previous reports that his health problems are more serious than reported, and he's taking a leave of absence. Tim Cook is taking over the operations. UPDATED
The headline only piece reported by CNBC is followed up by All Things D with the full memo, below.
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.
The memo has been posted by MDS, here.
The letter above clearly notes that his health issues are more complex than previously thought, but his reasons for stepping down include the fact that stories about his health distract the company from doing its core work.
We got a lot of heat for breaking the unpopular rumor of Steve being too sick to present at Macworld a few weeks ago, and speculated that he was resigning months ago. Peers at CNBC and All Things D and others were not convinced, because it was hinging on one particular source, and in conflict with what Apple and other sources have told them. Apparently, they believe the story now, regardless of traditional process, with Goldman contradicting statements made earlier.
The silver lining is that Steve is looking "forward to seeing everyone this summer". I hope his rest goes well and he returns well in June.