Apple boss Steve Jobs to be replaced by Tim Cook

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Apple co-founder Steve Jobs has resigned as chief executive of the technology giant and will be replaced by chief operating officer Tim Cook. The iconic legend will become chairman of the firm.

Jobs underwent a liver transplant following pancreatic cancer and has been on medical leave for an undisclosed condition since January.

In a short letter to the board of Apple, Mr Jobs wrote: “I have always said if there ever came a day when I could no longer meet my duties and expectations as Apple’s chief executive, I would be the first to let you know.Unfortunately, that day has come. I hereby resign as chief executive 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.”

Apple board member Art Levinson paid tribute to Mr Job’s contribution to the company: “Steve’s extraordinary vision and leadership saved Apple and guided it to its position as the world’s most innovative and valuable technology company.” ‘Hugely successful’

Steve Jobs is a college drop out, co-founed Apple computers which now considered the most admired and valuable company in the world.

Though Jobs resigned this would have little impact on the day-to-day running of the company and will customers see no real difference by their buying desicions.

See his Stanford University commencement speech, in which he said ”

“No one wants to die,Even people who want to go to heaven don’t want to die to get there. And yet death is the destination we all share. No one has ever escaped it.

“And that is as it should be, because Death is very likely the single best invention of Life. It is Life’s change agent. It clears out the old to make way for the new. Right now the new is you, but someday not too long from now, you will gradually become the old and be cleared away. Sorry to be so dramatic, but it is quite true.

“Our time is limited, so don’t waste it living someone else’s life. Don’t be trapped by dogma — which is living with the results of other people’s thinking. Don’t let the noise of others’ opinions drown out your own inner voice.”

Source : BBC