Stock

Jan 14 2009

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:

By admin • apple, General News, News • Comments Off • Tags: apple ceo, apple community, apple employees, curiosity, distraction, End, everyone, executive management team, family, health related issues, leave, leave of absence, LETTER, medical leave of absence, Order, Something, steve jobs, Stock, strategic decisions, tim cook