Apple CEO Steve Jobs wants to focus on his health and he will be resting for a while. He sent out a letter to all Apple employees about his leave of absence.
Replacing him is Tim Cook but still Steve promise to be "involved in important strategic decisions of the company".
Steve Jobs’ official letter:
Apple CEO Steve Jobs today sent the following email to all Apple employees:
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.
I have asked Tim Cook to be responsible for all of Apple’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.
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.
Steve has liver transplant in early 2009. Hoping for more great news when he return.