Jobs taking a medical leave of absence

 Steve Jobs is taking a medical leave of absence so he can focus on his health.

The computer giant's shares fell by more than 8 percent on the Frankfurt Stock Exchange

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Jobs  will continue as chief executive and involved in major strategic decisions.

Chief Operating Officer Tim Cook, 50, will be responsible for day-to-day operations.  

Many people consider Cook as Jobs' logical successor.

While this may nit effect the strategic pln over the next couple of years, wording to a couple of reports I looked at, it will add some spice to the trading I the near term.