The very well known person "Steve Jobs" stepped down as Apple CEO and tendered his resignation to the new Apple CEO "Tim Cook" who is a Chief Operating Officer before. Now Steve Jobs will be stay as a new Apple chairman.

Image From: crunchbase.com
I think Steve Jobs decision is more likely regarding to his health issue that he choose to stepped down as Apple CEO so he can get more rest and less job.

In his medical leave last January Jobs wrote this, "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."

Meanwhile, here's the Steve Jobs' resignation letter:

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.

Steve

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