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Wednesday, January 14, 2009

Apple Stock Halted

CNBC just reported that Apple stock trading has been halted in extended hours trading!? This usually happens only in very significant news events.

!! Steve Jobs taking medical leave of absence until June. !!

posted by Edward at 4:37 PM

1 Comments:

Blogger Edward said...

From: PR Newswire
Apple Media Advisory

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

1/14/2009 05:45:00 PM  

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