End of an Era: Apple’s Steve Jobs Steps Down as CEO

(Ping! Zine Web Hosting Magazine) – Steve Jobs is stepping down as Chief Executive Officer at Apple, bringing an end to remarkable tenure at the company that in recent years saw Apple revolutionizing the tech market with products like the iPhone, iPad, and iMac.

In his letter to Apple’s Board of Directors, Jobs stated, “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.”

In recent years the Apple founder has suffered from illness, which included a fight with pancreatic cancer in 2004. Over the past couple years, Jobs has taken medical leaves from the company following a liver transplant.

Despite the resignation, the move will not end Job’s work with Apple. He’s now Chairman of the Board and without a doubt, will still play a highly influential role in company decisions. Meanwhile, Apple’s Tim Cook is taking over as CEO.

“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,” Jobs also stated in the letter.

Jobs co-founded Apple with Steve Wozniak and Ronald Wayne in 1976. Early successes at the company included personal computers such as the Apple 2 and 3. Meanwhile in 1985, Jobs stepped down from his position as Apple Director.

Over the following years, Jobs started new computer company NeXT which would later be integrated into Apple upon Job’s return to the company as CEO in 1997. The Apple founder is also famous for his work with popular animation studio Pixar, which Disney acquired in 2006.

The first decade of the 2000’s probably marked the most notable period in Job’s career, when he helped transform Apple into the power player it is today.