Apple Chief Exec Sick

Jan. 15 2009, Updated 12:35 p.m. ET

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Apple co-founder Steve Jobs will be taking a medical leave until the end of June.

The 53-year old and Chief Exec has been losing weight at a rapid pace and looking under the weather lately. He told coworkers and peers that his weight loss was due to a hormone deficiency.

Looking worse than before, Jobs gave an update yesterday via email to employees: "During the past week I have learned that my health-related issues are more complex than I originally thought."

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With the pending loss of their wunderkind founder and leader, Apple's stock plunged 7%.

Jobs said that he would remain with Apple despite the problem, and that he had already begun a "relatively simple and straightforward" treatment which is "more than I wanted to say, and all that I am going to say."

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