Apple co-founder Steve Jobs

Apple co-founder Steve Jobs, the driving force behind hugely successful devices such as the iPod, iPad and iPhone, as well as Macintosh computers, resigned as the head of Apple last night. Tim Cook has been unveiled as Apples new CEO.

"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," Jobs said in a letter to Apples board of directors on Wednesday. He is expected to take on the role of 'Chairman of the Board', indicating the step back from the day to day running of Apple that Jobs is rumored to have long desired.

In January 2010, Jobs stated that he would take a leave of absence for an 'unspecified period of time'. This, after treatment for pancreatic cancer in 2004 and a liver transplant in 2009, led many to suggest that his health had again taken a turn for the worse. However, Jobs has continued to work tirelessly since that announcement, something that was certainly required considering the launch of the hugely successful iPad.

This latest announcement of a cessation of duties is likely to spark a huge debate regarding Jobs' health, as it seems unlikely that a CEO as emotionally and creatively connected to their company would relieve themselves of their duties unless they truly felt unable to fulfill them. Indeed, Jobs is said to have appeared gaunt and distant at recent Apple events.

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By Joe Sheldon