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Steve Jobs has resigned as the chief executive  of Apple Inc  – Apple are saying that Tim Cook  the previous Chief Operating Officer is taking over his position.

This comes after Steve aged 66 has been on medical leave for pancreatic cancer since January.

There is a letter on the Apple press info website from  Steve Jobs to the Apple Board of Directors which reads as follows

–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.
 

This is a sad day for Steve fans, friends and Apple co-workers – Steve co founded the company in the 1970’s with several others when they had their  first line of Apple Computers.

Although Steve Jobs has resigned it is expected that he will remain as the chairman of the company’s board.