R.I.P Steve Jobs :
Business genius Steve Jobs announced his resignation as Apple chief executive officer on Wednesday, August 24, 2011. The surprising move ended his 14 year reign at the technology giant he co-founded in 1976.
He has been immediately elected Chairman of Apple’s Board of Directors and Tim Cook, previously Apple’s Chief Operating Officer, will take over Jobs’ post.
Though Job’s resignation had been forecasted due to his bad health conditions, analysts do not expect this strategic decision because it might derail the company's promising product-launch roadmap, including possibly a new iPhone 5 in September and a third generation of the iPad tablet in 2012.
“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.” Steve Jobs said in a brief letter announcing his resignation.
Six pictures of Steve Jobs through the years (top row left to right) 2000, 2003, 2005, (bottom row left to right) 2006, 2008 and 2009
Steve Jobs has suffered from health problems for at least seven years. He underwent a treatment for pancreatic cancer in 2004 and received a liver transplant five years later. The cancer survivor also had a medical leave of absence to focus on his health in January 2011.
Steve Jobs, 56, will stay on as chairman of Apple’s board of directors
“Steve’s extraordinary vision and leadership saved Apple and guided it to its position as the world’s most innovative and valuable technology company.” Art Levinson, Chairman of Genentech, on behalf of Apple's Board, said.
Tim Cook (left) becomes new Apple CEO
Steve Jobs has been rarely seen this year. He made his appearance at a dinner hosted by President Barack Obama for technology leaders in Silicon Valley on Feb. 17 and then at a San Francisco event to unveil Apple’s iPad 2 on March 2. The business magnate also attended the 2011 Worldwide Developers Conference (WWDC), introducing his company’s new products and services.
Steve Jobs unveiled Apple’s iPad 2 on March 2, 2011 in San Francisco
Steve Jobs sits snear US President Barack Obama at a dinner in Woodside, California on February 17, 2011
Steve Jobs attends the 2011 WWDC in San Francisco in June