Apple founder Steve Jobs has announced that he shall be resigning from his post as CEO at Apple Inc and Tim Cook shall be replacing him. Jobs has been the creative genius behind the hugely successful iPod, iTouch, iPhone, and iPad lines which have driven Apple Inc. to becoming one of the world's largest company. Jobs has been diagnosed with cancer seven years ago and has undergone several medical procedures to fight the illness and he has now found himself 'unfit' to fulfill the duties of the CEO of such a large company and can no longer meet the expectations of such a large and innovative company.