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Apple boss Steve Jobs takes 'medical leave'

Apple CEO Steve Jobs announced he is taking medical leave from the company. He emailed employees to say he was taking a break to focus on his health.

He will still be chief executive of Apple and will be involved in major decisions, howver the day-to-day running of the company will be done by Tim Cook(Chief Operations Officer)

He has been suffering from pancreatic cancer which he was first diagnosed with 2004 and underwent surgery later that year to remove a tumour from his pancreas.

Investors have to constantly be reassured that the chief executive is in good shape every time he takes a bad turn. This news has also caused Apple's share price to plummet, Apple shares closed down 6.4% on the Frankfurt stock exchange.

In his e-mail Mr Jobs said he would be back at work as soon as he can.

Originally posted by another user

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

Originally posted by another user

I have asked Tim Cook to be responsible for all of Apple's day to day operations.

This also comes with the rumour of the imminent announcement of the new Apple iPad version 2.

Personally I hope Steve all the best on the road to recovery and hope he is back soon.
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Interesting to know, never knew steve jobs had cancer and an ipad 2 announcement imminet wow really what's the point more shit hipsters will buy up. Only apple product I have i an ipod classic.

Thank you first comment on-topic Also that's what I thought another iPad which will probably be the same as the old one with a camera on it

I liek turtles and my iPad..

My iPad > Steve's life, now get back to work and make my iPad godly-er!

Thank you I hope we can patch over this :love: