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Steve Jobs takes more medical leave
By CMU Editorial | Published on Tuesday 18 January 2011
Apple CEO Steve Jobs has announced that he is to take a further leave of absence from the company on medical grounds. Jobs last took time off from his CEO role during the first half of 2009, and it was later revealed that he had undergone a liver transplant.
COO Tim Cook will take over day-to-day control of the tech company during Jobs’ absence, as he did on that previous occasion. As always, Apple’s share price started wobbling as soon as Jobs’ latest health concerns were raised, though the IT giant’s City spinners are presumably busy pointing out that Cook’s previous efforts at filling in for their CEO were a success, and that in reality the COO is responsible for much of the firm’s day-to-day workings even when Jobs is on board full time.
In an email to staff, Jobs said: “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 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”.