Steve Jobs, the co-founder and former Chief Executive Officer (CEO) of Apple Inc, passed away Wednesday at the age of 56, after a long battle with pancreatic cancer.

Jobsh had an operation in 2004, a liver transplant in 2009 and took a total of three leaves of absence, before he permanently resigned as the CEO of Apple in August 2011.

Apple announced his death in a brief statement, without providing any details about where he died.

We are deeply saddened to announce that Steve Jobs passed away today, said the company. Eminent personalities from across the world paid rich tribute to the legendary Apple co-founder.

Michelle and I are saddened to learn of the passing of Steve Jobs. Steve was among the greatest of American innovators -- brave enough to think differently, bold enough to believe he could change the world, and talented enough to do it, said U.S. President Barack Obama, in a statement.

“Melinda and I extend our sincere condolences to Steve Jobs' family & friends. For those of us lucky enough to get to work with Steve, it's been an insanely great honor. I will miss Steve immensely, said Microsoft co-founder, Bill Gates.

Jobs was invited to deliver the commencement speech at Stanford University, in 2005. On the ocassion, he drew from some of the most pivotal points in his life, telling the expectant crowd, “I am honored to be with you today at your commencement from one of the finest universities in the world. I never graduated from college. Truth be told, this is the closest I've ever gotten to a college graduation. Today I want to tell you three stories from my life. That's it. No big deal. Just three stories.

In the first story he explained about connecting the dots. He explained about love and loss in his second story and he spoke about death in his final story.

Here is the video of Steve Jobs' inspirational speech.

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