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Jobs takes second medical leave of absence from Apple

Apple's Steve Jobs had a big 2010. He oversaw the launch of the iPad, iPhone 4, and popular new MacBook Air models. In more recent news, Apple's market cap surpassed the $300 billion USD mark.

Despite all the positive news on the company front, it appears that Jobs' health is once again the in spotlight. Jobs released the following statement today:


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.


Jobs last took a medical leave of absence in January 2009, and was successfully treated for pancreatic cancer. He received a liver transplant in early 2009 and was back at the helm of Apple in late June 2009.

We all here at DailyTech wish Jobs a speedy recovery.

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RE: Get Well Soon Steve-the-Genius
By Commodus on 1/17/2011 10:31:37 AM , Rating: 4
Point: missed.

And while "genius" is a loaded term, someone who can take a near-bankrupt company and give it a stock market cap larger than Microsoft's, redefine the MP3 player landscape and get the entire smartphone industry to accept touchscreens is probably at least very intelligent.

Hope Jobs gets better.

RE: Get Well Soon Steve-the-Genius
By vol7ron on 1/17/2011 10:32:39 AM , Rating: 2
AAPL ... goes down.

By TheDoc9 on 1/17/2011 10:52:03 AM , Rating: 2
Yep, like I said at the beginning of the year sell while you can.

By Performance Fanboi on 1/17/2011 4:14:38 PM , Rating: 2
P.T Barnum would have been proud.

"Young lady, in this house we obey the laws of thermodynamics!" -- Homer Simpson

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