Steve Jobs Steps Down as CEO of Apple …Update: Apple Shares Drop 7%
Steve Jobs on Wednesday resigned as chief executive of Apple Inc. He has been on medical leave.
Silicon Valley legend Steve Jobs on Wednesday resigned as chief executive of Apple Inc in a stunning move at the technology giant he co-founded in a garage.
The 55-year-old Apple co-founder and pancreatic cancer survivor has been on medical leave for an undisclosed condition since January 17.
UPDATE: Apple shares dropped 7% following the news.