Steve Jobs' Letter of Medical Leave

A week after writing of his intention to stay at Apple's (AAPL) helm, CEO Steve Jobs sent the following letter Wednesday revealing his intention to take a five-month leave of absence to address his ongoing health problem:

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

This article was written by a staff member of TheStreet.com.

More from Technology

Apple, Amazon and Alphabet Execs Face Senate Testimony Next Week: What to Expect

Apple, Amazon and Alphabet Execs Face Senate Testimony Next Week: What to Expect

More Alexa Devices Are Coming -- Here's What That Could Mean for Amazon's Stock

More Alexa Devices Are Coming -- Here's What That Could Mean for Amazon's Stock

Wednesday Wrap-Up: What Is Tilray Smoking?

Wednesday Wrap-Up: What Is Tilray Smoking?

Novice Trade: Apple

Novice Trade: Apple

Advanced Micro Devices Drops Despite Morgan Stanley Price Target Hike

Advanced Micro Devices Drops Despite Morgan Stanley Price Target Hike