ASSOCIATED PRESS
Apple Chief Executive Officer Steve Jobs holds the new iPad during a product announcement Jan. 27, 2010, in San Francisco. Apple Inc. on Wednesday announced Mr. Jobs has resigned as CEO. He is expected to be replaced by Tim Cook, who has been the company's chief operating officer. Mr. Jobs has been elected as Apple's chairman.

ASSOCIATED PRESS Apple Chief Executive Officer Steve Jobs holds the new iPad during a product announcement Jan. 27, 2010, in San Francisco. Apple Inc. on Wednesday announced Mr. Jobs has resigned as CEO. He is expected to be replaced by Tim Cook, who has been the company's chief operating officer. Mr. Jobs has been elected as Apple's chairman.