Breaking: Jobs To Take Leave of Absence

Photo: NY Times

The NY Times is reporting that Apple CEO Steve Jobs will take a leave of absence because his health-related issues are “more complex” than originally believed.  COO Tim Cook will serve as the interim CEO.

Jobs, who is considered synonymous with Apple, has repeatedly been the target of speculation about his health and recently stated that he was suffering from a horomonal imbalance.  It will be interesting to see how Apple stocks open at the morning bell.

I recently posted about the search for the next head of Apple Inc.


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