Steve Jobs Resigns As Apple CEO

It's a wrap for long term Apple CEO Steve Jobs. The Billionaire has decided to step down as the HEAD of the BILLION DOLLAR company .

I wonder if it has anything to do with his cancer diagnosis?

His resignation letter:

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

And yes Dancers, you can probably still get the iPhone 5....calm your nerves!