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Steve Jobs quits as Apple chief
Date: 8/25/2011 7:34:27 AM Sender: CDP
Steve Jobs quits as Apple chief

Apple co-founder Steve Jobs has resigned as chief executive of the technology giant and will be replaced by chief operating officer Tim Cook.

Mr Jobs, who underwent a liver transplant following pancreatic cancer, said he could no longer meet his chief executive＇s duties and expectations.

The Silicon Valley legend will become chairman of the firm.

The 56-year-old has been on medical leave for an undisclosed condition since 17 January.

In a short letter to the board of Apple, Mr Jobs wrote: "I have always said if there ever came a day when I could no longer meet my duties and expectations as Apple＇s chief executive, I would be the first to let you know.

"Unfortunately, that day has come. I hereby resign as chief executive 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."

Apple board member Art Levinson paid tribute to Mr Jobs＇ contribution to the company: "Steve＇s extraordinary vision and leadership saved Apple and guided it to its position as the world＇s most innovative and valuable technology company."

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