Apple CEO Steve Jobs to take medical leave

From CNET News.com: Apple's Steve Jobs will be taking a medical leave of absence but will remain CEO of the company, involved in strategic decision-making.

Chief Operating Officer Tim Cook will assume responsibility for the company's day-to-day operations.

This would be Jobs' second medical leave in several years. He took a leave in the first half of 2009 to deal with issues related to his cancer treatment.

Jobs, a pancreatic cancer survivor, sent an e-mail to employees regarding the medical leave and company operations in his absence. Here's the text of that e-mail, provided by Apple

"Team,

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.

Steve"

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