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Steve Jobs abruptly resigns as CEO of Apple - Effective Immediately

The news hit the internet like a tsunami as the formal announcement of Steve Jobs resignation as CEO of Apple was released. The Twitter-sphere reaction was an almost instant rise in the trending topic "CEO of Apple" to the number one spot. I'm saddened to hear of Steve's resignation, but look forward to the opportunity Tim Cook has as he assumes the reigns of the most successful tech company on the planet. Good luck Tim on your promotion and may Apple continue to innovate and grow as before.

The official resignation letter from Steve Jobs is copied below.
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.

Steve

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