Friday, January 16, 2009

Apple’s Jobs goes on long leave

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Casting a pall over one of the world’s most closely watched companies, Steven P. Jobs, chief executive of Apple, said on Wednesday that he was taking a leave of absence because of health concerns.

Jobs wrote in a letter to Apple employees, released after the markets closed, that he had learned over the last week that his health problems were “more complex” than he originally thought. He said he planned to return to Apple at the end of June.

Day-to-day control of Apple will pass to Timothy D. Cook, its longtime chief operating officer until then.

Jobs, 53, wrote that curiosity about his health continued “to be a distraction not only for me and my family, but everyone else at Apple as well.” He said he would maintain the chief executive title and stay involved in major strategic decisions.

Jobs’s leave of absence is the latest twist in a story that has left the company’s shareholders, analysts and ardent fans exasperated and straining to divine any hid den meanings in the company’s vaguely worded communications.

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