In an email to Apple employees Jobs said…
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
This isn’t the first time Jobs has had to take a leave of absence due to ill health and we’re sure that before too long he’ll bounce back. In the mean time we wish him well and a speedy recovery.