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Steve Jobs takes second leave absence due to health [update]

Bad news from Cupertino this morning as Apple front man Steve Jobs is taking a second leave of absence due to health related issues. The first leave of absence came in January 2009 when he took 6 months to rest and recoup from a “nutritional ailment”. This resulted in the SEC looking into Steve’s illness because of the mysteriousness of the ailment and the subsequent tumble Apple Stocks took.

This time around I don’t think there can be much speculation as Steve has noticeably become frail in recent years and missed the important announcement of the Verizon iPhone coming next month. This time Steve writes to his staff:

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

We all wish Steve Jobs a speedy recover. With so much coming from Apple in the next few months, the iPad 2 , and the iPhone 5, Steve will be missed when those announcements are made.

UPDATE via MAC Rumors:

UpdateThe New York Times reports on a source claiming that Jobs has been suffering from “ups and downs” typical of those dealing with immune system issues related to liver transplants, but that Jobs had recently scaled back his activities at Apple as one of those down cycles began in recent weeks.

Mr. Jobs suffers from immune system issues common with people who have received liver transplants and, as a result, his health suffers from frequent “ups and downs,” according to a person with knowledge of the situation, who agreed to speak on condition of anonymity because he was not authorized to discuss it.

In recent weeks, Mr. Jobs began a down cycle and slowed his activities at Apple, the person said. Mr. Jobs has been coming to the office about two days a week, and appeared increasingly emaciated, the person said. He frequently lunched in his office, rather than in the company cafeteria, the person said.

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