Wednesday, January 14, 2009

New Acting CEO for Apple as Steve Jobs takes health leave


Apple has announced that Steve Jobs will be taking health leave as he realized his health situation was worse than previously thought. Timothy Cook, the Chief Operating Officer, will take his place while Jobs rest.

Such changes will sure temporarily affect the company's stock prices. However, Jobs is expected to return June . I am assuming that upon his return, the unspoken transition will continue.

Best of luck to Jobs, Cook, and Apple!

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