Apple Inc. as the World's second most company by market capitalization has got a new CEO as 'Tim Cook' ,the ex chief operating officer and Steve Jobs would be the new chairman of the board.according to the Hindustan times, Apple's legendary co-founder and top ideas man Steve Jobs has resigned as chief executive in a move long expected after he began a dramatic fight with cancer.
Jobs is seen as the heart and soul of Apple, with analysts and investors repeatedly expressing concern over how the Cupertino, California-based company will fare without the figure seen as its driving force.
Cook ran Apple when Jobs went on medical leave and has essentially been running day-to-day operations since early this year with the company racking up record revenue and profit.
No reason was given for Job's resignation, but his health problems, including a lengthy medical leave for a liver transplant in 2009 and his gaunt appearances at public events, fueled speculation he would have to give up the everyday running of the company he co-founded in 1976.
