• Rest up, Stevie J!

    01/14/2009

    Posted in: Industry, Tech

    In an email to Apple employees, Steve Jobs revealed his intention to take a leave of absence until june 2009 and ceded daily operations to COO Tim Cook.  While many are attributing Apple’s decline in stock price today to this revelation, I think it is worth noting that the whole market was down – so either Apple’s ship simply lowered with the sea, or Apple is the sea itself!  Money matters are a callous angle under the circumstances anyway, right?  So send your cards – and buy Apple. ;)

    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

    Via Apple Insider

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