Today, Wednesday August 24th 2011, marks an important day in hi-tech history.

Steve Jobs, the CEO of Apple, the most valuable company in the world, has officially resigned.

” 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,” Steve Jobs said in his resignation letter. “Unfortunately, that day has come.”

The exact reason for Steve’s resignation has not been published. Steve has been on many medical leaves recently, and this day was unfortunately expected.

The new CEO of Apple will be Tim Cook, the current COO of Apple. During Steve’s medical leaves, Tim Cook has taken over – so we won’t be stranded with someone who’s new to the job.

Steve Jobs has made many contributions to this world, and nothing would quite be the same without him. He’s the mind that was able to build the worlds most valuable company, with more money than the US Government, from a garage in Palo Alto, CA.

Steve will be taking place as “Chairman of the Board, director and Apple employee,” as stated in his resignation letter.

“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.”