Wednesday, August 24, 2011

Apple CEO Steve Jobs Resigns

Credit: Apple
This evening an article was posted on Yahoo! News from Reuters about the resignation of Steve Jobs. Jobs, the now former CEO (Chief Executive Officer), resigned today and is being replaced by the COO (Chief Operating Officer) Tim Cook. According to Reuters' article, the stock in Apple dropped this evening after Jobs' announcement, but financial analysts claim that the company should continue along just fine. After all, according to an article from The Huffington Post, Jobs plans to stay on as chairman of the board. Be sure to click on the links below to read the respective articles.

Reuters: Steve Jobs resigns from Apple, Cook becomes CEO - Yahoo! News

The Huffington Post: Steve Jobs Resigns, But Apple Unlikely To Change, Analysts Say

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