{"page":"\u003clink rel=\"stylesheet\" href=\"https://lessonplanet.com/assets/packs/css/resources-572d6a42.css\" /\u003e\n\u003clink rel=\"stylesheet\" href=\"https://lessonplanet.com/assets/packs/css/lp_boclips_stylesheets-f4d0de30.css\" media=\"all\" /\u003e\n\u003cdiv data-title='Apple CEO Jobs backtracks on health, takes leave, shares plunge' data-url='/boclips/videos/5c54c032d8eafeecae148ef7' data-video-url='/boclips/videos/5c54c032d8eafeecae148ef7' id='bo_player_modal'\u003e\n\u003cdiv class='boclips-resource-page modal-dialog panel-container'\u003e\n\u003cdiv class='react-notifications-root'\u003e\u003c/div\u003e\n\u003cdiv class='rp-header'\u003e\n\u003cdiv class='rp-type'\u003e\n\u003ci aria-hidden='true' class='fai fa-regular fa-circle-play'\u003e\u003c/i\u003e\nVideo\n\u003c/div\u003e\n\u003ch1 class='rp-title' id='video-title'\u003e\nApple CEO Jobs backtracks on health, takes leave, shares plunge\n\u003c/h1\u003e\n\u003cdiv class='rp-actions'\u003e\n\u003cdiv class='mr-1'\u003e\n\u003ca class=\"btn btn-success\" data-posthog-event=\"Signup: LP Signup Activity\" data-posthog-location=\"body_link_boclips\" data-remote=\"true\" href=\"/subscription/new\"\u003e\u003cspan\u003e\u003cspan\u003eGet Free Access\u003c/span\u003e\u003cspan class=\"\"\u003e for 10 Days\u003c/span\u003e\u003cspan\u003e!\u003c/span\u003e\u003c/span\u003e\u003c/a\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv class='rp-body'\u003e\n\u003cdiv class='rp-info'\u003e\n\u003cdiv aria-label='Hide resource details' class='rp-hide-info' role='button' tabindex='0'\u003e\u0026times;\u003c/div\u003e\n\u003ci aria-label='Expand resource details' class='rp-expand-info fai fa-solid fa-up-right-and-down-left-from-center' role='button' tabindex='0'\u003e\u003c/i\u003e\n\u003ci aria-label='Compress resource details' class='rp-compress-info fai fa-solid fa-down-left-and-up-right-to-center' role='button' tabindex='0'\u003e\u003c/i\u003e\n\u003cdiv class='rp-rating'\u003e\n\u003cspan class='resource-pool'\u003e\n\u003cspan class='pool-label'\u003ePublisher:\u003c/span\u003e\n\u003cspan class='pool-name'\u003e\n\u003cspan class='text'\u003e\u003ca data-publisher-id=\"30356011\" href=\"/search?publisher_ids%5B%5D=30356011\"\u003eCurated Video\u003c/a\u003e\u003c/span\u003e\n\u003c/span\u003e\n\u003c/span\u003e\n\u003c/div\u003e\n\u003cdiv class='rp-description'\u003e\n\u003cspan class='short-description'\u003eFILE: Cupertino, California - 20081. Wide of Steve Jobs, Apple CEO on stage, UPSOUND: (English) \"We're going to reduce the entry price today to 999, make them a little more affordable.\"2. Close up of graphics chip3. Screen showing video...\u003c/span\u003e\n\u003cspan class='full-description hide'\u003eFILE: Cupertino, California - 2008\u003cbr/\u003e1. Wide of Steve Jobs, Apple CEO on stage, UPSOUND: (English) \"We're going to reduce the entry price today to 999, make them a little more affordable.\"\u003cbr/\u003e2. Close up of graphics chip\u003cbr/\u003e3. Screen showing video display of cars racing in demonstration of new graphics chip\u003cbr/\u003e4. Wide of  UPSOUND: (English) Steve Jobs,  Apple CEO:\u003cbr/\u003e\"What we've found in our tests is this delivers up to five times faster graphics than the integrated graphics we've been using.\"\u003cbr/\u003eLos Angeles, California - 14 January 2009\u003cbr/\u003e5. SOUNDBITE: (English) Professor Gerard Tellis, University of Southern California, Marshall Business School:\u003cbr/\u003e\"People identify the success of the company with Steve Jobs and when he said that he was going to take a leave of absence it raised a lot of doubts about whether the company could keep up the level of success that it's had in the last four or five years and so you see a drop in the stock price.\" \u003cbr/\u003eFILE: Cupertino, California - 2008\u003cbr/\u003e6. Various of people trying out a new Apple laptop model\u003cbr/\u003e7. Various of Apple worker showing the laptop's battery and hard drive\u003cbr/\u003eLos Angeles, California - 14 January 2009\u003cbr/\u003e8. SOUNDBITE: (English) Professor Gerard Tellis, University of Southern California, Marshall Business School: \u003cbr/\u003e\"In his case I think what he's particularly good at is, he has a sense of what the market really wants and that's a rare talent and in the case of iPod, iTunes, the iPhone, and the iPhone apps, as well as the iMac he seems to have got it right. In each case, the company made a big decision based on his tastes and they seem to have got it right because those products have turned out very well.\"\u003cbr/\u003eFILE: Cupertino, California - 2008\u003cbr/\u003e9. Screen showing video animation of new laptop\u003cbr/\u003e10. Jobs on stage in front of screen\u003cbr/\u003e11. People and media looking at new laptops\u003cbr/\u003e12. Jobs talking \u003cbr/\u003e13. Man holding laptop in hands\u003cbr/\u003eJust a week after reassuring investors and employees about his health, Apple Inc. Chief Executive Steve Jobs disclosed he has a \"more complex\" medical condition and would take a leave of absence until the end of June. \u003cbr/\u003eMr. Jobs's disclosure, in a letter to Apple employees, provided no details about what was ailing him and raised fresh questions about a company that is so closely identified with its co-founder. \u003cbr/\u003eApple shares fell 7 percent in late trading on the news. \u003cbr/\u003eMr. Jobs, 53 years old and a pancreatic-cancer survivor, said he was passing day-to-day management of the Cupertino, California, company to Chief Operating Officer Tim Cook. \u003cbr/\u003eMr. Cook filled in for Mr. Jobs in 2004 when the Apple chief took a leave to battle his cancer. \u003cbr/\u003e\"As CEO, I plan to remain involved in major strategic decisions while I am out. Our board of directors fully supports this plan,\" Mr. Jobs wrote in his letter. \u003cbr/\u003eLast week, Mr. Jobs said he was suffering a \"hormone imbalance\" that had caused dramatic weight loss, but said he had begun \"relatively simple and straightforward\" treatment and would continue as CEO.  \u003cbr/\u003eHis health has been closely scrutinised by Wall Street since his bout with cancer, which Mr. Jobs said has been treated successfully by surgery. \u003cbr/\u003eConcerns about his health were reignited last year when he appeared on stage at an event looking gaunt and intensified last month when he said he would skip the Macworld trade show earlier this month.\u003cbr/\u003eMr. Jobs didn't immediately respond to a request for comment. \u003cbr/\u003eApple board members declined to comment or couldn't immediately be reached.\u003cbr/\u003eAn Apple spokesman declined to provide more details about Mr. Jobs's health. \u003cbr/\u003eMr. Jobs's health is key to Apple. Mr. Jobs co-founded Apple in 1976, was dismissed in a boardroom coup in 1985 and began a second leadership stint at Apple in 1997. \u003cbr/\u003eHe is deeply involved in all aspects of the company's business and is widely credited for reviving the then-struggling computer maker in the late 1990s with hit products such as the iMac desktop computer. \u003cbr/\u003eMore recently, Apple has churned out the iPod digital music player and the iPhone and cemented a place as a leading consumer-electronics maker.\u003cbr/\u003eWhile Mr. Jobs takes an unusual hands-on role in design decisions, people familiar with the company's inner workings say the company's design team should be able to keep churning out innovative products, barring an exodus of top talent. \u003cbr/\u003eMr. Jobs serves more like an \"editor in chief\" in refining and improving ideas for Apple gadgets, according to former Apple executives such as Bill Bull, a retired Apple engineer who worked for Mr. Jobs in the 1980s and 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