Apple CEO Steve Jobs is on medical leave of absence. In a memo sent to Apple employees, Steve Jobs writes that COO Tim Cook will be looking after day-to-day operations in absence of Steve Jobs. Here is the memo:

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

It’s not sure how long the medical leave of Steve Jobs is. We do hope the Steve gets back soon.