“Steve Jobs taking medical leave from Apple to focus on health - Chicago Sun-Times”

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Steve Jobs taking medical leave from Apple to focus on health - Chicago Sun-Times Posted: 17 Jan 2011 04:09 PM PST Steve Jobs taking medical leave from Apple to focus on health Staff and Wire Reports Jan 17, 2011 01:40PM In an Oct. 20, 2010 file photo, Apple CEO Steve Jobs speaks at an Apple event at Apple headquarters in Cupertino, Calif. | File NEW YORK — Apple CEO Steve Jobs says he's taking a medical leave of absence so he can focus on his health. Jobs has a history of pancreatic cancer and underwent a liver transplant in 2009. Jobs announced his leave to Apple employees in the following e-mail: "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" He says he will continue as CEO and be involved in major decisions but has asked Tim Cook to be responsible for all day-to-day operations. Jobs says he loves Apple and hopes to be back as soon as he can. He says he and his family would appreciate respect for their privacy. Cook took the company reins when Jobs, a pancreatic cancer survivor, went on medical leave from January through June 2009. It was Cook's second stint leading Apple. Cook, who joined Apple in 1998, ran the Cupertino, Calif.-based company for two months in 2004 while Jobs recovered from surgery for pancreatic cancer. His performance then won him the promotion to chief operating officer in 2005. Analysts credit Cook with solving problems that Apple was having with inventory management. Many people consider Cook as Jobs' logical successor. Under Cook's direction in 2009, the company kept cranking out well-received products including updated laptops with lower entry-level prices and a faster iPhone with many longed-for features. Apple sold more than a million of the new iPhone 3GS during its first three days on the market. This entry passed through the Full-Text RSS service — if this is your content and you're reading it on someone else's site, please read our FAQ page at fivefilters.org/content-only/faq.php Five Filters featured site: So, Why is Wikileaks a Good Thing Again?. This posting includes an audio/video/photo media file: Download Now

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