Steve Jobs steps down as CEO of Apple
Today marks a historical day in the world of computing and technology, as Steve Jobs, CEO of Apple has stepped down from his role as the leader of the tech-Goliath.
The announcement followed the news that an iphone 5 was due for release in the near future.
Jobs, who co-founded the company, has been plagued with medical issues of recent years, including his bout with pancreatic cancer which he beat. Steve has been on a medical leave of absence in the past few months, only to briefly return for an announcement of the new Max OSX Lion at a conference.
He has been a driving force at Apple, and only time will tell if the company will continue to be innovative and maintain it’s strength without their leader. One thing is for certain, Apple’s share price dipped 7% on the announcement, and had a tendency to drop on previous announcements of his leave from work. The company almost fell over during the 90s while he was away, and only started to recover when Steve took the reins and introduced the iMac personal computer, and announced a partnership with Microsoft to run MS Office on their machines.
Apples rise and rise since his return has been attributed to the slow but steady growth of the OSX Platform, and most notably the introduction of the iPod music player, and more recently, the highly sought after Apple Iphone smart phone, and iPad tablet devices.
Steve has indicated he will be staying on as Chairman of the board at Apple, should he receive share holder approval.
We hope Steve recovers to health and continues contributing to the things he is passionate about.