Latest Update: Steve Jobs Has Died.
According to Press Release The Apple CEO Steve Jobs has stepped down, the board naming Tim Cook as his substitute.
The corporate said
“Steve’s extraordinary vision and leadership saved Apple and guided it to its position as the world’s most innovative and valuable technology company.”
In 2004, Jobs underwent a sophisticated however successful surgery to get rid of a tumor in his pancreas, and was back at work inside a couple of months. whereas the procedure is extremely successful for the shape of pancreatic cancer that Jobs had, it additionally removes abundant of the pancreas and a few of the digestive tract. this could result in any complications, like the dramatic and visual weight loss Jobs’ suffered in 2008.
In 2009, Jobs went on a six-month medical leave again; it had been later revealed that Jobs had received a liver transplant. All appeared well when his come back till January of 2011 when Jobs announced another time that he was occurring medical leave—this time, Apple fans had a sense he may not be back.
Steve himself published the following letter:
To the Apple Board of Directors and the Apple Community:
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.
I hereby resign as CEO of Apple. I would like to serve, if the Board sees fit, as Chairman of the Board, director and Apple employee.
As far as my successor goes, I strongly recommend that we execute our succession plan and name Tim Cook as CEO of Apple.
I believe Apple’s brightest and most innovative days are ahead of it. And I look forward to watching and contributing to its success in a new role.
I have made some of the best friends of my life at Apple, and I thank you all for the many years of being able to work alongside you.
However , Apple Officials has confirmed that Steve Jobs will stay-on as Chairman.