Steve Jobs Leaves Apple

Posted: Aug 24, 2011 8:43 PM

The National Journal is reporting that Steve Jobs, CEO of Apple, has resigned. Though specific reasons weren't cited, the Journal mentioned Jobs has had health issues recently that could be a contributing factor:

"Steve Jobs, who has been struggling with his health since 2004, resigned as Apple CEO on Wednesday, the company said. He will be replaced, as widely expected, by Tim Cook, the company's chief operating officer.

Apple gave no reason for Jobs' sudden departure, but the 56-year-old Jobs has been on medical leave since January and has looked gaunt at brief appearances to unveil the iPad 2 and at a conference in June. He has been treated for a rare form of pancreatic cancer and had a liver transplant."