Steve Jobs Steps Down as CEO of Apple

Yesterday was a sad day for Apple as its leader and iconic CEO stepped down from his post.

On Wednesday, Steve Jobs announced that he will no longer serve as CEO of Apple. Jobs, who has been in ill health since his bout with pancreatic cancer, said that he was no longer able to perform his duties as CEO. Chief operating officer Tim Cook will take over as the new CEO.

In a letter to Apple's Board of Directors, 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.

Jobs' resignation wasn't unexpected, but still came as a shock to many. The man co-founded the company back in the 70s,  and many credit him with turning the company around when he came back in the 90s and making it the giant that it is today. Apple won't be the same without Steve Jobs at its helm, and I wish him all the best in whatever he decides to do now.