apple ceo

Steve Jobs calls in sick for the next 130 or so work days

Today, Apple CEO Steve Jobs today sent the following email to all Apple employees:


Team,

I am sure all of you saw my letter last week sharing something very personal with the Apple community. Unfortunately, the curiosity over my personal health continues to be a distraction not only for me and my family, but everyone else at Apple as well. In addition, during the past week I have learned that my health-related issues are more complex than I originally thought.

In order to take myself out of the limelight and focus on my health, and to allow everyone at Apple to focus on delivering extraordinary products, I have decided to take a medical leave of absence until the end of June.

I have asked Tim Cook to be responsible for Apple’s day to day operations, and I know he and the rest of the executive management team will do a great job. As CEO, I plan to remain involved in major strategic decisions while I am out. Our board of directors fully supports this plan.

I look forward to seeing all of you this summer.

Steve

According to Fortune, after this email was made public on the newswires, the stock closed at 85.33, down 2.71% for the day, dropped another 8% when trading resumed at 5 p.m., and then ended the day at just under $80 a share.

I feel it’s important to note that Apple Inc. is a corporation. It exists to make money and profit for its shareholders. Steve Jobs, on the other hand, is a human being and is due the same respect that we would hope for ourselves.

Get well Steve.

Note:

Two letters from Apple– Steve Jobs not dying, but still mortal…all is well

In a Letter from Apple CEO Steve Jobs issued early this morning, Mr. Jobs finally speaks about his sudden weight loss saying,

The reason has been a mystery to me and my doctors. A few weeks ago, I decided that getting to the root cause of this and reversing it needed to become my #1 priority.

Fortunately, after further testing, my doctors think they have found the cause–a hormone imbalance that has been “robbing” me of the proteins my body needs to be healthy. Sophisticated blood tests have confirmed this diagnosis.

The remedy for this nutritional problem is relatively simple and straightforward, and I’ve already begun treatment. But, just like I didn’t lose this much weight and body mass in a week or a month, my doctors expect it will take me until late this Spring to regain it. I will continue as Apple’s CEO during my recovery.

And, in a Statement by Apple’s Board of Directors we read,

It is widely recognized both inside and outside of Apple that Steve Jobs is one of the most talented and effective CEOs in the world.

As we have said before, if there ever comes a day when Steve wants to retire or for other reasons cannot continue to fulfill his duties as Apple’s CEO, you will know it.

Apple is very lucky to have Steve as its leader and CEO, and he deserves our complete and unwavering support during his recuperation. He most certainly has that from Apple and its Board.

So, yes, Steve Jobs has an illness, but he’s not dying, at least no more than most of us…and even if he was (or will be) Apple’s BoD would be in on it.

Stop worrying, and most of all, stop rumoring. It’s getting us nowhere.

Note:

Apple CEO Steve Jobs the subject of Newsweek interview

Apple’s CEO Steve Jobs says he is unconcerned that iPod might lose its cache because its too popular. “That’s like saying you don’t want to kiss your lover’s lips because everyone has lips. It doesn’t make any sense,” he tells Newsweek’s Senior Editor Steven Levy in an interview now available exclusively online at Newsweek.com. “We don’t strive to appear cool. We just try to make the best products we can. And if they are cool, well, that’s great.” Jobs talked to Levy on the occasion of the fifth anniversary of Apple’s iPod, and cooperated with Levy’s upcoming book about the iPod, “The Perfect Thing,” excerpted in Newsweek’s October 23 issue (on newsstands Monday, October 16).

Jobs also says he is unimpressed with Zune, Microsoft’s answer to the iPod, which allows users to exchange songs. “It takes forever,” says Jobs. “By the time you’ve gone through all that, the girl’s got up and left!” Jobs adds that while the iPod and iTunes will evolve, music will always be the core. “It’s hard to imagine that music is not the epicenter of the iPod, for a long, long, long, long, long time … Music is so deep within all of us, but it’s easy to go for a day or a week or a month or a year without really listening to music. And the iPod has changed that for tens of millions of people, and that makes me really happy, because I think music is good for the soul.”

Jobs explains the decision to keep prices at the iTunes store at 99 cents a song despite pressure from the record labels to raise them. If iTunes gave into that pressure, says Jobs, “many [users] will say, ‘I knew it all along that the music companies were going to screw me, and now they’re screwing me.’ And they would never buy anything from iTunes again. We would never recover their trust.”

As stated, the entire Newsweek interview is available online.

Note: