Steve Jobs resigns as CEO of Apple; Tim Cook takes over

His time at CEO is over.

There’s some sad news Wednesday in the Apple universe — company CEO and co-founder Steve Jobs has stepped down as the chief executive officer of the company. Jobs has been on medical leave since near the beginning of the year.

Steve originally helped to found the company back in 1976, and has since been one of the people responsible for everything from the MacBook to the iPod to even the iPhone and the iPad. (In other words, he has been one of the most important people in the field of technology for much of the past few decades.)

Following this rather stunning announcement, Tim Cook (who has ran Apple for much of the past several years) has been promoted to CEO of the company, though Jobs will remain the Chairman and still will be very much involved.

Best wishes to Jobs following this announcement, and here’s to hoping he will now be able to recovery following a lengthy battle with cancer.

Photo: Matthew Yohe

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