Steve Jobs to Take Medical Leave

Apple sent an email to all of their employees on Monday, in which Steve Jobs is quoted as saying the following..

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

Tim Cook held the reigns of the Company in 2009 during Steve's last Medical Leave and will do so again. Steve Jobs was out in 2009 for a Liver Transplant and the out in 2004 with Pancreatic Cancer. We wish Steve all the best and hope he has a speedy recovery!