Steve Jobs Hands Apple To Tim Cook

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Apple co-founder and CEO of 14 years Steve Jobs resigned from the tech-giant's top post August 24 leaving Apple shareholders with a sense of ambivalence. However, as the Apple board's appointment of Jobs' second-in-command Tim Cook took effect there's a fair level of hope for the future of Apple Inc.

There's been some talk about Jobs' health status since his leave as of January of 2011. The 55 year young tech maverick has become an icon of innovation and leadership in the computing industry for the past decade and a half. Steve Jobs is known to be a pancreatic cancer survivor.

Steve Jobs has recommended long-time protegee and chief operating officer Tim Cook to takeover as the company's CEO. Jobs will remain as chairman of the board for Apple Inc.

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