Steve Jobs Takes a Medical leave of absense

Apple's CEO and spokesmen Steve Jobs is going on medical leave.  It has been long rumored (yet unconfirmed) that he has cancer.  He will still be involved in major decisions but his day to day operations will be taken over by Tim Cook.  He hasn't set a time table for a return, or said if he ever will return.  It will be interesting to see investors Stock reaction to this news as apple has a huge year ahead with the iPad 2 and iPhone 5 right around the corner.  Regardless we wish Steve a speedy recovery from whatever ailment he is suffering from.  Read on to see his company issued email.

Apple CEO Steve Jobs today sent the following email to all Apple 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

via:hothardware