Steve Jobs to Apple employees:
Team,

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.

Steve

- jim 1-17-2011 2:19 pm

Uber Apple booster/blogger John Gruber has a piece on Jobs' leave of absence. Nothing too interesting (Apple rules, etc...), but these numbers jumped out at me: in Q4 of 2001 Apple reported $38 million in profit on $1.3 billion in revenue. Today they will announce Q4 profits for 2010 and they are expected to be somewhere in the neighborhood of $6 billion in profit on $26 billion in revenue. Jobs gets a lot of hype, but it's hard to argue with those numbers.
- jim 1-18-2011 6:52 am





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