Steve Jobs resigns as CEO of Apple

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Steve Jobs

Apple's highly influential and recognizable CEO, Steve Jobs, is officially stepping down. Jobs is being replaced by COO, Tim Cook, who will have some pretty big shoes to fill. (We doubt he'll look as good in black turtlenecks as his predecessor.) Jobs, who has been on medical leave since January due to his ailing health, is ending his fourteen-year reign with the technology giant he helped found. According to his resignation letter:

"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."

We would have preferred it if he said "iQuit," but Jobs is apparently too classy for easy puns.