Steve Jobs Resigns as Apple Chief Executive
Steve Jobs, considered the face of Apple for many years, has stepped down as CEO after being on medical leave since January 2011.
Steve Jobs, 56, will now take the role of Chairman, with some belief that it is to try keep confidence amongst shareholders. However, shares in the company still dropped by around 5% within hours of the announcement.
Replacing Steve Jobs role as Chief Executive will be Tim Cook, who has been with the company since
1998.
Apple Inc. was co-founded by Steven Jobs...