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Apple CEO Steve Jobs to Take Medical Leave

Steve Jobs is taking medical leave from Apple and, considering his statement about privacy and Tim Cook executing the company’s plans for 2011, it doesn’t sound like he has plans to be back any time soon.

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.


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