After the Markets closed yesterday, CEO of Apple, Steve Jobs, Announced that he is resigning from his post. It was a huge shocker to a lot of people but he admitted that he is no longer able to do his job due to his health. After his announcement, the value of Apple dropped more than 5% in after hours trading and continues to drop today.

Who’s in charge now?

Tim Cook, the old COO (Chief Operating Officer). Let’s hope that he can fill Steve Jobs’ shoes and put confidence back in the investors of apple.

I’m sure people will miss him, especially people who are thankful for Apple products. I also wish him luck on recovering.

Filed under: Technology