- Apr 26, 2011
- 2,779
The man in the black shirt and jeans who knew people would fall in love with the iPod, iPhone and iPad before they did is stepping back from Apple Inc., which grew into one of the world's strongest companies as its leader's health failed him.
Steve Jobs' resignation Wednesday appears to be the result of an unspecified medical condition for which he took a leave from his post in January. Apple's chief operating officer, Tim Cook, was quickly named CEO of the company Jobs co-founded in his garage 35 years ago.
In a letter addressed to Apple's board and the "Apple community," Jobs said he "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."
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