Jobs to Apple's Board: 'That Day Has Come'

[ECTNews]

 An era came to an end Wednesday as Steve Jobs announced his resignation as CEO of Apple, handing Tim Cook the reins of the company Jobs created and transformed into a leader of the tech industry. Jobs will remain on as chairman of Apple. In a brief letter of resignation, Jobs wrote that the day has come when he "could no longer meet my duties and expectations." The company did not comment beyond the letter, though the wording of Jobs' memo led some to believe his chronic health problems are again taking a toll.

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