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Steve Jobs steps down, Tim Cook new Apple CEO

Posted on Thursday, August 25 2011 @ 20:55:00 CEST by

Yesterday Steve Jobs announced he will resign from the CEO position at Apple, he explained he's no longer able to maintain control of Apple's day-to-day operations, but provided no specific reason. The CEO position will go to Tim Cook, Apple's chief operating officer, while Jobs has been elected as Apple's chairman.
In a resignation letter to staff, Jobs -- a pancreatic cancer survivor and recipient of a liver transplant in 2009 --said he was no longer able to maintain control of Apple's day-to-day operations, but he did not specifically cite poor health.

"I have always said if there ever came a day when I could no longer meet my duties and expectations as Appleā€™s CEO, I would be the first to let you know," Jobs wrote. "Unfortunately, that day has come."

However, when he took a leave of absence from the company last winter, Jobs attributed the move to medical reasons, though remaining vague about specifics. He also took leaves in 2004, when he announced he had pancreatic cancer, and in January 2009 for the transplant.
More details at Reuters.



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