By David Stratfeild
Steve P. Jobs, the C.E.O. of Apple, is stepping down to chairman, a job that previusly didn't exist. Steve Jobs has cancer. He went in to surgery for Pancriatic cancer in 2004. He got a kidney transplant in 2009. He also just recenttly, in January, was checked into a hospital. The company released the information the Mr. Jobs will be stepping down as Chief Executive and Tim Cook will be replacing him on Wednesday. Steve Jobs stated in a letter that the company released, " I have always said that if there ever came a day when I could no longer meet my duties and expectations as Apple's C.E.O., I would be the first to let you know. Unfortunately, that day has come." Many still believe, however, that even with Steve Jobs gone as C.E.O., the company will survive.
By Nicholas Kemp