Steve Quits Apple

Apple CEO Steve Jobs quits Apple CEO. There was a rumor early this year he will quit Apple. But he went on medical leave and joined duty in April. After releasing Ipad in July he now quitting Apple. He will continue to be the Chairman of Apple Inc.

He is one of the successful persons who dropped out of school. Jobs was the man behind the success of Apple. The inventor of the Mac OS X, has introduced three great products IPad, IPhone and IPad. These three products are the bringing most of the revenue to Apple. In addition, the Mac also growing substantially.

Now Tim Cook has replaced Steve as CEO of Apple Inc.

Jobs is the founder of NeXT and Pixar. NeXT was acquired by Apple Inc. and Pixar was acquired by Disney in 2006. Jobs is a director in Disney and he is the max. share holder (7%)in Disney. Hours after his resignation, teh Apple stock dropped by 5% and Disney by 1.5%

Saravanan