Steve Jobs has announced in an open letter to Apple that he has resigned as CEO of Apple Inc. After undergoing a liver transplant followed by pancreatic cancer, Steve Jobs said he could no longer fulfill his duties and expectations as Apple’s CEO.
Steve Jobs is 55 years old and has been on sick leave since January 17 this year. He was diagnosed with pancreatic cancer in 2004 and underwent a liver transplant 2 years ago and multiple treatments.
Steve Jobs will be replaced by Tim Cook who is Apple's Chief Operating Officer-COO, and Apple’s senior vice president for Operations Jeff Williams will probably take over as COO.
