last seen on Apple's WWDC, Steve did not mention if the cause of his decision was his health (he was suffering from cancer and has been on on medical leave since january).
here's steve's resignation letter.
"To the Apple Board of Directors and the Apple Community: 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.
I hereby resign as CEO of Apple. I would like to serve, if the Board sees fit, as Chairman of the Board, director and Apple employee.
As far as my successor goes, I strongly recommend that we execute our succession plan and name Tim Cook as CEO of Apple.
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.
I have made some of the best friends of my life at Apple, and I thank you all for the many years of being able to work alongside you.
undoubtedly, Steve is the reason why Apple is the Apple we know today. he co-founded Apple in 1976 from his family's garage with Steve Wozniak. due to some disagreements, he left Apple and returned in 1996 as consultant and in 2000 he took the CEO role permanently.
thought he really need to rest for now, who know he might be back soon! good luck to the next leadership team, lets see where Apple would go after this.
read more [money.cnn.com]