Jobs Resigns as Apple CEO

Steve Jobs resigned as CEO of Apple, marking a pivotal transition in the company's leadership. Following his resignation, Tim Cook, who had been serving as the Chief Operating Officer, took over the role of CEO. Jobs, who had been instrumental in shaping Apple's innovative products and corporate culture, transitioned to the position of chairman. At the time of his resignation, Apple did not have a designated chairman, as the company was being led by two co-lead directors, Andrea Jung and Arthur D. Levinson. This leadership structure was temporary, as Levinson later succeeded Jobs as chairman of the board after Jobs's passing. Jobs's resignation was a significant moment for Apple, as it signaled a shift in the company's direction and leadership style, which had been heavily influenced by Jobs's vision and approach to technology and design. Under Cook's leadership, Apple continued to innovate and expand its product line, introducing new devices and services that would further solidify its position in the technology market. The transition also highlighted the challenges and opportunities that come with leadership changes in major corporations, particularly in the fast-paced tech industry where innovation is key to success.