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Jobs quits as Apple chief executive

Steve Jobs, the mind behind the iPhone, iPad and other devices that turned Apple into one of the world’s most powerful companies, has resigned as the company’s CEO, saying he can no longer handle the job.

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Steve Jobs, the mind behind the iPhone, iPad and other devices that turned Apple into one of the world’s most powerful companies, has resigned as the company’s CEO, saying he can no longer handle the job.

The move appears to be the result of an unspecified medical condition for which he took an indefinite leave from his post in January.

Apple’s chief operating officer, Tim Cook, has been named CEO.

In a letter addressed to Apple’s board and the “Apple community”, Mr Jobs said he “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.”

Apple said Mr Jobs was elected board chairman and Mr Cook is becoming a member of its board.

The company said Mr Jobs gave the board his resignation on Wednesday and suggested Mr Cook be named the company’s new leader.

The January leave was Mr Jobs’ third medical leave over several years. He had previously survived pancreatic cancer and received a liver transplant.

Mr Jobs, 56, shepherded Apple from a two-man start-up to Silicon Valley darling when the Apple II, the first computer for regular people to really catch on, sent IBM and others scrambling to get their own PCs to market.

After Apple suffered a slump in the mid-1980s, he was forced out of the company.

He was chief executive at Next, another computer company, and Pixar, the computer-animation company that produced Toy Story on his watch, during the 10 years before he returned.

Filed in: Technology News

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