Steve Jobs takes well earned Leave of Absence

Ten days ago Apple CEO Steve Jobs informed the world about his health issue. Now Steve Jobs has issued a media advisory announcing a medical leave of absence until the end of June.
The official reason for the leave is the ongoing public curiosity over his health and the distraction that comes with that for Apple and his family.COO Tim Cook is taking over until Steve Jobs gets back.
Apple shares fell 7% in after hours trading, which is not dramatic. Apple can do well without Steve Jobs breathing down employees' necks every day.
Steve Jobs came back to Apple in 1997 and it has been a crazy success story since then. Taking off for a couple of months is well earned.
I already see the rumors starting to run red hot about what big thing Apple is going to announce at the end of June when Steve Jobs comes back.
Via this Apple announcement.

Updates

Apple CEO gives up $75 million in dividends

Source: San Francisco Chronicle

Paul Sakuma / Associated Press One of the highest-paid CEOs in the country, Tim Cook has asked that he not receive stock dividends. New York -- Apple CEO Tim Cook is giving up $75 million in dividends on restricted s ...
Full article at: San Francisco Chronicle  More like this  54 minutes ago

First Mobile Screenwriting App for iOS to Launch Major Update

Source: Beaumont Enterprise

After 2 years of development, the much awaited follow up to the popular Scripts Pro screenwriting app for iOS is prepared for launch. The major update will be released in the Apple App Store this week. Scripts Pro, the best selling ...
Full article at: Beaumont Enterprise  More like this  59 minutes ago

Nest Learning Thermostat available in Apple stores soon?

Source: Electronista

Company founded by ex-Apple VP Tony Fadell Numerous reports claim that the Learning Thermostat from Nest will be available at Apple retail stores shortly. Nest is a company formed around developing and marketing the thermostat by Apple's ...
Full article at: Electronista  More like this  1 hour ago

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