CUPERTINO, CA - OCTOBER 14: Apple CEO Steve Jobs jokes about his health during a special announcement event at Apple Headquarters October 14, 2008 in Cupertino, California. Jobs announced new versions of the MacBook Pro and MacBook laptop computers. (Photo by Justin Sullivan/Getty Images)
Apple CEO, Silicon Valley giant, wildly successful businessman and enigmatic leader Steve Jobs has announced he's taking a medical leave, to focus on his health. Notably, he made the announcement on a day when U.S. markets are closed.
The executive's last medical leave was two years ago -- lasting six months -- for a liver transplant.
Giving no timetable for his return, Jobs' health has been a topic of discussion since he revealed he had a treatable form of pancreatic cancer.
Jobs' letter to Apple employees:
At my request, the board of directors has granted me a medical leave of absence so I can focus on my health. I will continue as CEO and be involved in major strategic decisions for the company.
I have asked Tim Cook to be responsible for all of Apple’s day to day operations. I have great confidence that Tim and the rest of the executive management team will do a terrific job executing the exciting plans we have in place for 2011.
I love Apple so much and hope to be back as soon as I can. In the meantime, my family and I would deeply appreciate respect for our privacy.