Apple’s Steve Jobs takes medical leave

first_img alison.lock Tags: NULL APPLE chief executive Steve Jobs is taking medical leave, two years after taking a six-month break when he underwent a liver transplant.Jobs, a survivor of pancreatic cancer, said chief operating officer Tom Cook would take responsibility for day-to-day operations but he would continue to be chief executive and be involved in major strategic decisions.“At my request, the board of directors has granted me a medical leave of absence so I can focus on my health,” Jobs, 55, wrote in an email to staff published on a regulatory newswire. “I love Apple so much and hope to be back as soon as I can.”Apple shares tumbled 8.3 per cent in Frankfurt this afternoon although the US markets were closed for a public holiday.Apple has been closely identified with the charismatic Jobs, who revived the computer maker’s fortunes in 1996 after a 12-year absence from the company he co-founded.Analysts said the effect on Apple’s operations should be limited in the short term, since its product line-up was strong, but his absence would be a worry if it became prolonged. Cook ran day-to-day operations during Jobs’s last absence in 2009.“It wasn’t expected. This will come as a surprise to Apple investors and definitely take some shine off the Apple stock,” said Alexander Peterc, equity analyst at Exane.“But even if Steve Jobs never returns to Apple, I would not expect a visible, tangible impact on how Apple is executing over the next couple of years.” whatsapp Apple’s Steve Jobs takes medical leave whatsapp Share More From Our Partners I blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comPuffer fish snaps a selfie with lucky divernypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.com Monday 17 January 2011 10:30 am Show Comments ▼last_img

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