Steve Jobs to take a leave of absence: How will $AAPL shares be affected?

News out of Cupertino, California hit the wires this morning that Apple ($AAPL) CEO Steve Jobs will be taking a leave of absence for an unspecified length of time.

Mr. Jobs sent the following email to Apple employees:

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

This news will no doubt have an effect on $AAPL share prices when the market re-opens after the Dr. Martin Luther King holiday on Tuesday morning.

$AAPL stock closed Friday at $348.48. Where does the StockTwits community think shares will open tomorrow? Weigh in below.


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