Steve Jobs Taking Medical Leave Of Absence From Apple

A memo from Steve Jobs was sent to all Apple employees today, stating that Steve Jobs will take a medical leave of absence so that the CEO can "focus on [his]health". Full details below.

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

As when Jobs took six months off in 2009, he'll continue to be CEO and have a hand in strategic decisions for the company. And, as before, Tim Cook will oversee Apple's day to day operations.

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