Apple yesterday sent out a release announcing that CEO and technology leader Steve Jobs, is to leave his Apple post, and be replaced by Tim Cook. It Reads.

"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.

I hereby resign as CEO of Apple. I would like to serve, if the Board sees fit, as Chairman of the Board, director and Apple employee.

As far as my successor goes, I strongly recommend that we execute our succession plan and name Tim Cook as CEO of Apple.

I believe Apple’s brightest and most innovative days are ahead of it. And I look forward to watching and contributing to its success in a new role.

I have made some of the best friends of my life at Apple, and I thank you all for the many years of being able to work alongside you"

Industry experts are calling this “a stunning move” citing Job's ongoing health problems as the main reason for the decision.

When Steve Jobs left on medical leave earlier this year, he had told staff that he would remain CEO while he received treatment. The tone of this press release however, is far more ominous. Everyone here at MyPC Backup wish him well.

Posted in: Apple