New Delhi: Steve Jobs, CEO, Apple has taken a leave of absence to focus on his health. In the last couple of years, Jobs has faced various health problems. He fought with cancer and then underwent a liver transplant. It is believed that he has taken this leave to recuperate from the after-effects of these medical conditions. In a letter to Apple employees Steve Jobs wrote:
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.
The shares of Apple declined more than 2% after the news of his leave but revived by 1.3% after the company announced 78% increase in profits. This has somewhat silenced the concerns over the continuity of the company after the enigmatic leader.
Steve Jobs takes leave, but Apple profits soar
Steve Jobs takes leave, but Apple profits soar
Submitted by ITNEXT on Thu, 2011-01-20 11:55
To Concentrate on his health