Sesar Pesek

The man who has been seen as the face and visionary of Apple has handed over the title of CEO to COO Tim Cook from here onward.  Steve Jobs apparently submitted his resignation to Apple on Wednesday and recommended that Cook replace him; which has been done according to Apple.
In a press release reported from the Wall Street Journal, Jobs has officially stated that “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.”

We don’t think that this will affect anything with the iPad 3 or other devices like the iPhone 5 which is expected to launch in October.  Naming Tim Cook as the new CEO was probably in their best interest, especially since he has been assuming the role of acting CEO during Jobs absence.

Steve Jobs Battle with Health Issues

Jobs has been struggling with health issues even though he survived pancreatic cancer.  This news is sort of unsettling because some are speculating that his cancer may be returning.  Jobs has been fighting an ongoing problem (unknown) ever since he was cleared of the pancreatic cancer.
Shareholders, Apple enthusiasts and Steve Jobs lovers can breathe a sigh of relief however because Jobs does intend to still be active with the company. He has been re-elected under the title of Chairman of the board, and will ensure that things are running as smoothly and when he was the leader.