Shares of Apple Inc
fell more than 4 percent in pre-market trading on Thursday, a day after its iconic CEO Steve Jobs resigned, leaving right-hand man Tim Cook to take on the mantle.
Steve Jobs' decision to step down as chief executive of Apple, marking an end to his 14-year reign at the consumer electronics giant he co-founded in a garage, signals that his disease, which was kept in check for more than seven years, may be advancing beyond doctors' ability to control it, experts say.
Apple’s Steve Jobs resigned as the company’s CEO on Wednesday.
The resignation of Apple Inc CEO Steve Jobs has opened the door for rival Samsung Electronics at a crucial time in the battle for smartphone supremacy in salesrooms and courtrooms around the world.
Stock futures pointed to a mixed open on Wall Street on Thursday, with futures for both the S&P 500 and the Dow Jones rising 0.3 percent and Nasdaq 100 futures down 0.3 percent on news Steve Jobs had stepped down as Apple CEO.
Asian shares rose on Thursday, pointing to a positive open in Europe, but caution prevailed as investors awaited the outcome of a central bank symposium in Jackson Hole on Friday.
World stocks edged up from this month's 11-month low on Thursday while gold fell sharply as investors took an optimistic view of how strongly the Federal Reserve will commit to supporting the economy at a gathering this week.
People with the rare form of cancer that Apple Inc's Steve Job suffers face a tough fight if the disease reoccurs, because of the methods used in fighting the cancer.
Samsung Electronics shares rose sharply on Thursday, amid a rally in South Korean large cap stocks and analysts said it received a boost from a Dutch patent ruling and the decision by Apple's Steve Jobs to step down.
The resignation of Apple Inc CEO Steve Jobs has opened the door for rival Samsung Electronics at a crucial time in the battle for smartphone supremacy in salesrooms and courtrooms around the world.
Apple stock fell over 7 percent in a single day of trading after it was announced that Steve Jobs was stepping down from the position of CEO. It was already expected that he would quit the position particularly with the confirmation of his health problem relating to pancreatic cancer. It was also expected that the stock of Apple was going to be badly hit once he officially made that decision. The one question remaining was how badly it was going to hit the shares of Apple. The trend shown last d...
Steve Jobs, co-founder of Apple Inc., resigned as chief executive officer, but will continue at the company that revolutionized consumer electronics as chairman of the board, according to reports. Jobs tendered his resignation on Wednesday, ending a 14-year reign at Apple, a tech-giant company that he co-founded in a garage.
Silicon Valley legend Steve Jobs relinquished the reins at Apple Inc to right-hand man Tim Cook on Wednesday, after 14 years in command at a company he brought back from the brink and turned into the world's largest technology corporation.
Steve Jobs, co-founder of Apple Inc., has stepped down as chief executive officer of the company that revolutionized consumer electronics, but will become chairman of the board, according to the company.
Tim Cook, Apple's Chief Operating Officer, who has been standing in for CEO Steve Jobs during his medical leave, has been named the new CEO after Jobs resigned as Apple Inc Chief Executive on Wednesday, without specifying a reason.
In a widely expected move, Steve Jobs resigned as Apple's Chief Executive and handed over the reins to Tim Cook, who was the company's Chief Operating Officer and had been assuming Job's role in his absence.
Following is a letter from Steve Jobs who resigned on Wednesday as chief executive officer of technology giant Apple Inc:
Samsung Electronics shares rose early on Thursday after a Dutch court rejected most of the patent infringement claims by Apple, whose visionary chief executive Steve Jobs resigned, raising Samsung's hopes of closing the gap with the U.S. firm.
Apple stock plunged in afterhours trading, falling over five percent, on news that CEO Steve Jobs is stepping down on health concerns.
Steve Jobs' stunning resignation as CEO of Apple could have a major impact on the company's stock price during Thursday trading.
Silicon Valley legend Steve Jobs on Wednesday resigned as chief executive of Apple Inc in a stunning move that ended his 14-year reign at the technology giant he co-founded in a garage.
Steve Jobs on Wednesday resigned as chief executive of Apple, marking an end to his 14-year reign at the consumer electronics giant he co-founded in a garage.