Apple's Jobs takes medical leave of absence
Computer visionary has suffered from health problems in the past
Norbert von der Groeben / Reuters file
Apple co-founder and CEO Steve Jobs said on Monday that the company's board has granted him medical leave to concentrate on his health.
Apple Inc. founder and CEO Steve Jobs sent a note Monday to employees saying he's taking a medical leave of absence so he can focus on his health.
The computer giant's shares fell as much as 8 percent on the Frankfurt Stock Exchange on the report, Bloomberg reported. American markets were closed Monday for Martin Luther King Jr. day.
http://www.msnbc.msn.com/id/41118154/ns … s_business
"At my request, the board of directors has granted me a medical leave of absence so I can focus on my health," the Apple co-founder said in a statement. "I will continue as CEO and be involved in major strategic decisions for the company," it added.
Jobs seems to be the key to Apple's success. No wonder the stock is taking a beating.
I hope he recovers, this is sad.
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