Steve Jobs has clearly set the bar for what it means to move forward in any industry, let alone the technology world. News of his resignation hit the tech community with the intensity normally reserved for world conflicts and natural disasters. Replacing Jobs is Apple Inc. Chief Operating Officer Tim Cook.
The company's board immediately accepted Jobs' recommendation to appoint Tim Cook as CEO and Jobs as Board Chairman.
Medical issues have forced Steve Jobs to take a leave of absence from day-to-day duties three times since 2004.
I have always said if there ever came a day when I could no longer meet my duties and expectations as Apple's CEO," Steve Jobs wrote, "I would be the first to let you know. Unfortunately, that day has come."
After founding the company in the 1970's, Steve was ousted by the board before returning in 1996 after Apple acquired NExT computer. He was CEO from 1997 to 20011.
Prior to starting Apple with Steve Wozniak, Jobs enrolled in Portland's Reed College in 1972.