The life of Jobs

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In a move that stunned tech watchers, Jobs resigned as chief executive of Apple Inc ion Aug. 24, 2011. The 55-year-old Apple co-founder and pancreatic cancer survivor has been on medical leave for an undisclosed condition since Jan. 17. Apple said Steve Jobs has been elected chairman and Tim Cook has been elected CEO. "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," he said in a brief letter announcing his resignation.

Author: CBS News Staff

Credit: James Martin