Wotka World Wide

Wednesday, January 14, 2009

Steve Jobs of Apple is taking a leave of absence from the company to deal with a still-undisclosed health issue. He is a pancreatic cancer survivor, but denies that is the culprit behind his problems. The company has no clear succession plan, although Chief Operating Officer Tim Cook will take over day-to-day operations. Some investors are upset, and a lawsuit for less-than-timely disclosure may be filed soon. Will Apple stay a top company without Jobs at the helm? Only time will tell.

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