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Steven P. Jobs, the visionary co-founder and chief executive of Apple, is taking a medical leave of absence, a year and a half after his return following a liver transplant. The leave raises questions about both his long-term prognosis and the leadership of the world’s most valuable technology company....   >>>

Steven P. Jobs, the visionary co-founder and chief executive of Apple, is taking a medical leave of absence, a year and a half after his return following a liver transplant. The leave raises questions about both his long-term prognosis and the leadership of the world’s most valuable technology company.



Mr. Jobs, 55, who recovered from pancreatic cancer after surgery in 2004, has not appeared at public events since October, and has looked increasingly frail in recent weeks, according to people who have seen him.



An Apple spokeswoman, Katie Cotton, said Apple would have no further comment beyond a brief public statement in which Mr. Jobs announced he was turning daily oversight of the company’s operations over to the chief operating officer, Timothy D. Cook.



The excerpt above is from the NYT article, "Jobs takes Sick Leave at Apple Again, Stirring Questions," written by Miguel Helft. The article itself is linked below, do click through to read more on the medical condition of Jobs and the business implications of this revelation. | Image is made available through a Creative Commons license by Matt Yohe.