BREAKING: Steve Jobs Resigns as CEO of Apple

Steve Jobs

Steve Jobs, co-founder and two-time CEO of Apple, offered his resignation to the company’s board Wednesday.

Jobs has been in poor health for some time. In January, he announced that he would be taking a medical leave of absence from the company. He returned to the public spotlight in March to help launch the iPad 2.

More information and analysis to follow.

CUPERTINO, Calif.–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.

thanks to Chris Taylor for this post.

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