The all new
CBS News App for Android® for iPad® for iPhone®
Fully redesigned. Featuring CBSN, 24/7 live news. Get the App

Apple's Steve Jobs Taking Leave Of Absence Over Health Issues

This story was written by David Kaplan.
Apple's Steve Jobs is stepping down due to health reasons, according to a report on SAI and Marketwatch. Tim Cook, the company's COO, will take over in Jobs' absence. In a memo attributed to Jobs on SAI, the Apple (NSDQ: AAPL) chief says he'll be back by summer. More to come

By David Kaplan