Steve Jobs takes medical leave of absence from Apple

Apple CEO on leave due to latest health concerns

Apple head's health forces leave

Apple CEO and formidable front man to the fruity tech company Steve Jobs has announced he is to take a leave of absence effective immediately due to new medical conditions.

Jobs, a survivor of pancreatic cancer who underwent a liver transplant during a six month health related leave back in 2009, revealed his latest temporary departure in a letter to Apple employees just days ahead of the company’s earnings report release scheduled for tomorrow, Tuesday January 18th.

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"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," wrote Jobs to his Apple underlings.

In Jobs’ absence Apple COO Tim Cook will take on the day-to-day responsibilities for the company much like he did in 2009. Discussing his stand-in replacement, Jobs wrote he has "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."

Questions now surround how Jobs’ latest leave of absence will affect the company, with Apple stock sure to come under a critical eye, and whether the turtleneck wearing leader will be present to unveil the upcoming iPad 2 expected to be announced on February 1st.

Rounding off his letter to employees, Jobs' concluded: "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."

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Via: CNN