Steve Jobs Resigns as CEO of Apple

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Shocking news this evening as the figurehead of Apple steps down.

Details after the jump.

Steve Jobs has stepped down as CEO of Apple and has named Tim Cook as his replacement. Here is Steve’s full resignation letter:

‘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.

I hereby resign as CEO of Apple. I would like to serve, if the Board sees fit, as Chairman of the Board, director and Apple employee.

As far as my successor goes, I strongly recommend that we execute our succession plan and name Tim Cook as CEO of Apple.

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.

I have made some of the best friends of my life at Apple, and I thank you all for the many years of being able to work alongside you.

Steve’

It has been confirmed at this time by Apple that Steve will stay on as Chairman.

The winds of change are blowing today, these are interesting times for Apple.