Friday, 26 August 2011

Steve Jobs Resigns From Apple

Steve Jobs on Wednesday resigned as chief executive of Apple Inc in a stunning move that ended his 14-year reign at the popular technology company.

Jobs who has been on medical leave for an undisclosed condition since January 17, announced he will be replaced by COO and long-term successor Tim Cook.

Although a definitive reason for Jobs’ departure from Apple has not been made, many speculate that his resignation is do to ongoing health problems that have plagued the former CEO for quite some time. Over the span of the last 7 years, Jobs has undergone surgery for pancreatic cancer and received a liver transplant. Jobs has not confirmed, however, that he is stepping down due to health.

"I have always said if there ever came a day when I could no longer meet my duties and expectations as Apple's CEO, I would be the first to let you know. Unfortunately, that day has come," said Jobs.

Even those who aren’t fans of Apple products are sad to see such an icon depart. Apple’s recent innovations led by Steve Jobs created many of the vast and great technologies that we have come to depend on today. Without Jobs, iPods may never have existed and we could all still be walking around with Walkmans.

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