24 Aug '11, 11pm

Steve Jobs resigns as Apple CEO

Steve Jobs resigns as Apple CEO

SAN FRANCISCO: Apple's legendary co-founder and top ideas man Steve Jobs resigned as chief executive on Wednesday, the company said, in a long expected move after he began a dramatic fight with cancer. In a written statement, Apple, the world's second biggest company by market capitalisation, announced that chief operating officer Tim Cook would take over as CEO but that Jobs would stay on as chairman of the board. "Steve's extraordinary vision and leadership saved Apple and guided it to its position as the world's most innovative and valuable technology company," board member Art Levinson said in a statement. Jobs' resignation sent the company's shares tumbling 5.3 percent in after hours trade. The shares of the maker of the iconic iPhone and iPad fell to $356.10 after closing normal trade at $376.16, following the announcement that the long-ailing company founder would s...

Full article: http://www.channelnewsasia.com/stories/afp_world_business...

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Steve Jobs resigns as Apple CEO

Steve Jobs resigns as Apple CEO

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CUPERTINO, California - Apple's Board of Directors today announced that Mr Steve Jobs has resigned as chief executive offi...

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todayonline.com 25 Aug '11, 2am

CUPERTINO, California - Apple's Board of Directors today announced that Mr Steve Jobs has resigned as chief executive offi...

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