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Apple CEO Steve Jobs resigns

Apple Inc. confirms Steve Jobs resigning as CEO.

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Steve Jobs, Photo Credit : Matt Buchanan (https://commons.wikimedia.org/wiki/File:Steve_Jobs_with_the_Apple_iPad_no_logo.jpg)

Apple Inc. confirms Steve Jobs is resigning as CEO. However, the former CEO will not totally leave the Apple empire. Jobs will be Chairman of the Board of Directors. Tim Cook will be the new CEO.

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Steve Jobs resigning

Jobs has been on medical leave most of 2011 and hinted at his continuing health issues in the letter … saying, “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.”

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