TIM COOK

The iPad is not good for business; at least according to Microsoft.

As the market will be concerned in the near-term with the management shuffle, an analyst at Jefferies hinted at a possibility that Eric Schmidt could become the Chief Executive of Apple.

Apple Inc landed blockbuster results and a strong outlook on dazzling sales of the iPhone and iPad, reassuring investors that visionary CEO Steve Jobs's medical leave will have no impact on growth.

Apple's Tim Cook rips into Android, tablet rivals and doesn't address Steve Jobs' health or leave-of-absence.

Apple Inc., the world's most valuable technology company, is set to report earnings for its Q1 of 2011 after the close. While focus on Steve Jobs' health and leave of absence will likely put pressure on Apple shares, analysts believe the Apple's quarterly performance is still intact.

As Apple shares are plunging due to Steve Jobs' renewed health concerns, some Street analysts think it is a good buying opportunity to accumulate shares.

The health of Apple Chief Executive Steve Jobs was set to overshadow quarterly sales numbers on Tuesday from the consumer electronics powerhouse, whose iPhone and iPad excited holiday shoppers.

Apple Inc is set to report a stunning 50 percent jump in quarterly sales on Tuesday, as its iPhone and iPad excited holiday shoppers, but the consumer electronics powerhouse may face more pressing questions about the health of iconic chief executive Steve Jobs.

(Corrects COO Tim Cook's first name)LONDON/SAN FRANCISCO - Apple Chief Executive Steve Jobs is taking medical leave for the second time in as many years, sending shares tumbling close to 10 percent as the news revived concerns over the long-term future of the iPhone- and iPad-maker.

Steve Jobs' email to Apple employees about medical leave

Apple Inc's Steve Jobs said the board has granted him medical leave to concentrate on his health.

Apple Inc Chief Executive Steve Jobs has been granted medical leave to concentrate on his health, he said on Monday.

Steve Jobs has changed the course of personal computing during his two stints as chief executive of Apple, while his idiosyncratic style and the iconic iPod, iPhone, iPad and Mac have made him a household name.

Apple Inc Chief Executive Steve Jobs has been granted medical leave to concentrate on his health, he said on Monday.

Apple's CEO Steve Jobs has announced that he is going on medical leave, in an email to the iPad maker's employees, giving weight to a proposal for a CEO succession plan being pushed by some shareholders.

Steve Jobs, the CEO of Apple Inc. (AAPL), has taken medical leave to focus on his health. In his absence, Chief Operating Officer Tim Cook will be responsible for day to day operations.

Stock index futures extended their fall on Monday, pulled lower by Apple Inc after the company's CEO Steve Jobs said the company's board had granted him leave to concentrate on his health.

Apple Inc gave an unusually upbeat revenue forecast that trounced Wall Street's expectations and eased fears that the Antennagate controversy around its iPhone 4's reception would hurt sales, boosting its shares 3 percent.

Apple Inc's results blew past Wall Street expectations on the back of record iPhone sales, and the company gave a strong revenue forecast, sending its shares up more than 5 percent to an all-time high.

Apple Inc has awarded its chief operating officer a bonus valued at $22 million for leading the company while Chief Executive Steve Jobs was on 6-months' medical leave last year.

Apple Inc. said Friday that it has granted chief operating officer Tim Cook a $22 million bonus in cash and stock in recognition of his work done while CEO Steve Jobs was away on medical leave last year.