Steve Jobs steps down as Apple boss after announcing iCloud
Apple CEO Steve Jobs has resigned from his post with his last announcement being the launch of the iCloud.
On Friday, Jobs resigned in a letter to employees despite hopes that he would resume his post full time following appearances at the launch of the iPad 2 and more recently, the unveiling of the iCloud. However having been on sick leave since January and undergoing a liver transplant he conceded that it was time to take a rest.
In his letter, 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 CEO, I would be the first to let you know. Unfortunately, that day has come."
He also suggested his replacement be Tim Cook, chief operating officer who has been holding the fort for Jobs over recent months, which has since been confirmed. He also asked to remain as chairman, director and as an Apple employee. Commenting on the resignation, Art Levinson, chairman of Genentech and a member of the Apple Board said: "Steve’s extraordinary vision and leadership saved Apple and guided it to its position as the world’s most innovative and valuable technology company.
"Steve has made countless contributions to Apple’s success and he has attracted and inspired Apple’s immensely creative employees and world class executive team. In his new role as chairman of the board, Steve will continue to serve Apple with his unique insights, creativity and inspiration."