Wednesday, August 24, 2011

Steve Jobs: Apple Chief Executive Steve Jobs Resigns As CEO With Tim Cook Replacing Him

The company said he would be replaced by Tim Cook, who was the firm's chief operating officer and had been standing in for Mr Jobs during his medical leave.
It said Mr Jobs, who underwent a liver transplant for pancreatic cancer in 2004, had been elected as Apple's chairman.
Apple's shares fell 5% in after-hours trading.
The company has yet to give a specific reason for the 56-year-old's resignation, but he addressed a letter to the Apple board of directors and Apple community.

Posted via email from Inspiration

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