Steve Jobs out of Apple due to health reasons

Thomas Hawk (his day job is as a financial planner and stock broker) just posted this to friendfeed:

CNBC says Apple’s stock has been halted pending news.

Twitter is going nuts.

CNBC just reported that Steve Jobs is out until at least June due to medical reasons. More over on this thread on friendfeed.

Here’s the email that Steve sent to all Apple employees (as posted on Apple’s web site):

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.

Comments

  1. now we know he’s stepping down as CEO while tending to his health problems. sad news for all. hope he will be well and healthy. we know the stock will be hit hard.

    what do you think the effect on the company will be? msnbc commentators are not being very optimistic.

  2. now we know he’s stepping down as CEO while tending to his health problems. sad news for all. hope he will be well and healthy. we know the stock will be hit hard.

    what do you think the effect on the company will be? msnbc commentators are not being very optimistic.

  3. I never paid attention. But I knew he was in trouble when you said he was in good health per that yogurt shop guy. The opposite always happens.

  4. I never paid attention. But I knew he was in trouble when you said he was in good health per that yogurt shop guy. The opposite always happens.