Steve Jobs out until June, Tim Cook to take over Apple operations again
- TAGS:sick, Steve Jobs, Tim Cook
- IT TOPICS:Devices, Macintosh, Management, Mobile
We've seen this before. Apple CEO, Steve Jobs, is removing himself from day to day operations of the company to try to recover from health issues. Tim Cook is again assuming the role of heading the company in his absence
In a letter to employees, Jobs wrote:
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.
Steve
Apple's share price is down 8% in after hours training (as of this writing). This news will likely put a damper on the 25th anniversary of the Macintosh later this month.Â
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