Apple CEO Steve Jobs to go on medical leave
Apple CEO Steve Jobs to go on medical leave
This is the 2nd time in as many years that Jobs is going on leave on health grounds.

New York: Apple's iconic chief Steve Jobs, a survivor of pancreatic cancer, on Monday said he would be going on medical leave of absence.

"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," Jobs said in an e-mail to Apple employees.

This is the second time in as many years that Jobs, the architect behind Apple's success, is going on leave on health grounds.

56-year-old Jobs, the brain behind blockbuster products such as iPods, iPhones and iPads, was on medical leave in early 2009. Suffering from pancreatic cancer, he had a liver transplant during the period.

"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," Jobs said.

In his absence, Apple Chief Operating Officer Tim Cooks will be responsible for the company'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," Jobs said.

One of the co-founders of Apple, Jobs was pushed out of the company in 1985. He made a comeback in 1997 and under his leadership, Apple has since become one of the most well-known brands as well as the most-valued technology company in the world, in terms of market capitalisation.

In a recent regulatory filing, Apple had said it maintains a comprehensive succession plan throughout the organisation.

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