Steve Jobs resigns as CEO of Apple, effective immediately - KCBD NewsChannel 11 Lubbock

Steve Jobs resigns as CEO of Apple, effective immediately

SAN FRANCISCO (AP) -

Apple Inc. says Steve Jobs is resigning as CEO, effective immediately.

The company said Wednesday that Jobs will be replaced by Tim Cook, who was the company's chief operating officer.

It said Jobs has been elected as Apple's chairman.

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