Steve Jobs has resigned as Chief Executive of Apple, to be replaced by its Chief Operating Officer, Tim Cook.
The announcement was made at about 4pm Pacific time in a statement from Apple following a letter from Jobs, who said: “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.”
He added: “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….
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