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Friday, October 7, 2011

Apple CEO and Founder Steve Jobs Dies at 56

Apple's Steve Jobs Dies At 56 Fox News



Former CEO and Apple Founder Steve Jobs with a laptop (Courtesy of Fox News)

Former Apple CEO and founder Steve Jobs died Wednesday of pancreatic pancer.  He had been in poor health for some time.  He invented and masterfully marketed gadgets that transformed everyday technology such as the personal computer, ipad, and ipod, to name a few.  Apple gave the announcement that he died but didn't give a specific cause.  They said he died peacefully, according to a statement from family members who were present.  Jobs had battled cancer in 2009 and had a liver transplant in 2009 after taking a leave of absence for unspecified problems.  In January of this past year he took another leave of absence, his third and then in August he officially resigned.  He resigned as CEO six weeks ago and handed over the reins to his hand-picked successor, Tim Cook. 

Jobs began Apple with a high school friend in a Silicon Valley garage in 1976.  He was forced out a decade later and then returned to the helm in 1997 to rescue the fledgling company.  During his second stint it grew into the most valuable technology company in the world with a market value of $351 billion.  Most of that wealth was created since Jobs returned to Apple in 1997.  He transformed computers from a hobbyists' obsession to a necessity of modern life in work and at home.  He also played a major role in the cellphone and music industries as well. 

To read the full story, click on the above link about Steve Jobs from the Fox News website. 

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