Steve Jobs Resigns

Apple CEO and co-founder, Steve Jobs, ended today, his 14-year reign as the CEO of the most valuable tech company in the world.

In a brief letter announcing his resignation, Steve writes, “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.”

As expected, COO Tim Cook has stepped up to take over as CEO.

The resignation is not entirely unexpected, as concerns have been voiced numerous times recently regarding Jobs’ ability to continue  to run the company due to his seemingly deteriorating health. He had been on leave since January due to these health issues.

Apple fanboys should fear not however, because Apple has also announced that Jobs’ will be staying on as the Chairman of the board and so his magic touch will continue to guide the company, though in a different capacity, for the forseeable future.

So what do you think this will mean for Apple’s future?

Leave a comment and let us know.

Dunni Abiodun

Dunni Abiodun is a student at the University of Waterloo. He finished his secondary education at Whitesands School in 2009 and has been a casual blogger in a wide range of topics since then. He holds a keen interest in all things tech related. It is because of this that he decided to join the Technesstivity team. In his spare time, he enjoys watching TV shows and reading novels.

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