Today Steve Jobs officially resigned as Apple CEO.

The following statement was issued by Steve to the Apple Board of Directors and Apple Community:
"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.
Steve"
Apple responded by confirming that Tim Cook will replace Steve Jobs as CEO effective immediately, with Steve becoming Chairman of the Board.
I'm sure that some blogs and news outlets are already reporting the demise of Apple, however I think Steve's words were telling, that this transition has been meticulously planed, and they have been waiting for the right time to execute the change. The fact that Steve will remain as Chairman of the Board will hopefully ensure that his incredible vision will continue to shape the company for many years to come.
Steve has had an unbelievable career, with his exceptional vision and leadership changing the face of technology forever. If one man could embody the words "Life in Tech", Steve is that man.