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Steve Jobs has taken six months medical leave from Apple in a move that has analysts speculating over the future for the Company. In an after market announcement investors are now expecting Apple shares to crash when the market opens tonight as many fear Jobs will never return to Apple.
In an official statement Apple is saying his health-related issues are “more complex” than he originally thought. They say that he will take a medical leave of absence from the company until the end of June.
However insiders are saying that he needs urgent medical attention and could well be hospitalised for several weeks. A senior Apple executive who we saw at the CES show in Las Vegas admitted that there was real concern within the Company over Jobs health.
In a letter to Apple employees released after markets closed on Wednesday, Mr. Jobs said that curiosity over his personal health “continues to be a distraction not only for me and my family, but everyone else at Apple as well.”
Mr. Jobs said he had asked Tim Cook, Apple’s longtime chief operating officer, to take on responsibility for Apples’ day-to-day operations. “As C.E.O., I plan to remain involved in major strategic decisions while I am out. Our board of directors fully supports this plan,” Mr. Jobs added.
