Steve Jobs resigns as Apple CEO

[Bucket]

It's being reported all over the place at the moment and is breaking news that Steve Jobs has just resigned as Apple CEO.

http://blogs.wsj.com/deals/2011/08/24/steve-jobs-resigns-as-apple-ceo/

Here is the just released letter from Steve Jobs:

***

PRESS RELEASE: Letter from Steve Jobs

August 24, 2011–To the Apple Board of Directors and the Apple Community:

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.

I hereby resign as CEO of Apple. I would like to serve, if the Board sees fit, as Chairman of the Board, director and Apple employee.

As far as my successor goes, I strongly recommend that we execute our succession plan and name Tim Cook as CEO of Apple.

I believe Apple’s brightest and most innovative days are ahead of it. And I look forward to watching and contributing to its success in a new role.

I have made some of the best friends of my life at Apple, and I thank you all for the many years of being able to work alongside you.

Apple will now be entering a very interesting period. Hopefully his health is OK.

He will of course I'm sure be a massive influence still but perhaps he is taking a bit of pressure off himself and deal with a bit less stress.

 

[Bucket]

Not confirmed, but I expect its related as the PR quotes him saying:

"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."

In the original post