Apple's Steve Jobs has resigned as chief executive of the software giant stating that he could no longer meet his chief executive's duties and expectations. Leaving behind a healthy company to his successor. The announcement did not came as a surprise since the 55-year-old has been on medical leave for an undisclosed period since 17 January.
"I have always said if there ever came a day when I could no longer meet my duties and expectations as Apple's chief executive, I would be the first to let you know.
"Unfortunately, that day has come. I hereby resign as chief executive of Apple." - Steve Jobs letter to Apple's boardMr Jobs, underwent a liver transplant following a pancreatic cancer.
He will be replaced by its chief operating officer Tim Cook. However, Mr. Jobs requested to stay on as Chairman of the Board. Obviously this is a move to minimize the effect of the announcement on Apple's stock. Apple stock dip nearly 7 percent in after hours trading in the span of about half an hour.
Some of his best moments
http://www.theatlanticwire.com/technology/2011/08/best-steve-jobs-performances-ceo/41699/
Some of his best moments
http://www.theatlanticwire.com/technology/2011/08/best-steve-jobs-performances-ceo/41699/
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