Steve Jobs RESIGNS From Apple, Stock Drops

By Nikki Leigh Last updated Aug 24, 2011

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Yeah. That’s not weird at all. Being an avid Apple lover… this is a bit shocking. Steve Jobs handed in his letter of resignation today.

Steve co-founded the company this HUGE company in a garage and has been CEO for 14 years.

He said in 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.”

So who’s filling his massive shoes? COO Tim Cook. And in not a surprising fashion, Apple stock dropped 7 percent after the announcement.

Do you think that his health has anything to do with it? That’s the feeling I am getting.

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Nikki Leigh

Nikki created Hollywood Hiccups in September 2010 and she is a native Canadian. Originally from Cape Breton, Nova Scotia she now lives in Colorado. Nikki is a former University Professor and part-time writer. In September 2010 she decided to write full-time and bring Soap Opera news to her fellow Canadians and Americans. You can contact Nikki at hollywoodhiccups [at] gmail.com

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