Long battling pancreatic cancer, the man who redefined the computer industry, Steve Jobs, has resigned as Apple’s CEO, effective immediately.
He stated that he has always said that when he could no longer handle his duties, he would step aside for the welfare of the company. He said that unfortunately, that day has come.
No reason was given for his resignation, but many speculate that his health has taken a turn for the worse. Investors have reacted, and the shares in Apple have fallen 5% in the after hours trading.