Steve Jobs on Wednesday announced he was taking a six-month medical leave of absence as chief executive of Apple, prompting concern not only about the prognosis for his health but also for his company. After revealing just last week that he was suffering from a hormonal imbalance that he said was relatively simple to cure, Jobs, 53, said his health-related issues were “more complex” than he had originally thought. Apple shares were halted ahead of the announcement, which came in the form of an email to employees. The shares then fell nearly 10% in extended trading to $76.88 on the news.

This entry was posted by Gwen Robinson on Thursday, January 15th, 2009 at 5:21 and is filed under Capital markets, People. Tagged with apple, Steve Jobs. Edit this entry.