Steve Jobs resigns as CEO, named chairman

SAN FRANCISCO: 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.
Apple shares dived as much as 7 percent in after-hours trade after the pancreatic cancer survivor and industry icon, who has been on medical leave for an undisclosed condition since Jan. 17, announced he will be replaced by COO and longtime heir apparent Tim Cook.
Analysts do not expect Jobs’ resignation — which had long been foreseen — to derail the company’s fabled product-launch roadmap, including possibly a new iPhone in September and a third iteration of the iPad tablet in 2012.
“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,” he said in a brief letter announcing his resignation.
The 55-year-old CEO had briefly emerged from his medical leave in March to unveil the latest version of the iPad and later to attend a dinner hosted by President Barack Obama for technology leaders in Silicon Valley.
Jobs’ often-gaunt appearance has sparked questions about his health and his ability to continue at Apple.
“I will say to investors: don’t panic and remain calm, it’s the right thing to do. Steve will be chairman and Cook is CEO,” said BGC Financial analyst Colin Gillis.
Apple shares slid to $357.40 in extended trading after a brief halt. They had gained 0.7 percent to close at $376.18 on the Nasdaq.
Analysts again expressed confidence in the Apple bench, headed by longtime company No. 2 and supply-chain maven Cook.
“Investors are very comfortable with Tim Cook even though Jobs has been a driver of innovation and clearly an Apple success. Tim has shown Apple can still outperform extremely well when he’s been acting as CEO,” said Cross Research analyst Shannon Cross.
“I don’t know if it’s a health issue. I don’t know if it is a shock. Most likely it was going to happen at some point. Why today versus another day? I don’t know.”

Best Reasons to Rent PS2 Games

Whether you are a longtime player, or basically play for leisure & lifestyle, you will seldom be disappointed in case you rent online PS2 games. Video game rental is a great method that lets you maximize your gambling experience. Whether you have less funds or are bored of the titles that you have or need to try before you buy. Renting video games opens up a variety of possibilities. Here are some reasons why you ought to rent PS2 games online.

The first reason is that you can play any game you need which includes multiple games which a person cannot afford to buy at time. You won’t must get bored by playing game. When you rent PS2 games you get to play all the games you need to buy & enjoy yourself. Although regular players have huge collections but, they also cannot enjoy playing & get limitless supply of games. However, when you rent video games you can get access to over 7,000 different types of games. It is probably a collection of all the games you could ever need. The time period might be a month or 15 days in which you can keep the action going on & there is always another nice game to opt for. You get to select all types of games that have released till date when you rent games online.

It is true that lots of people go to video shops or libraries in the event that they need to rent a quantity of the latest games. However, these libraries or stores have limited stocks & if somebody else takes the game you will must wait for it. This is a disadvantage. In case you need a small older version then you might get it or might not get it because these shops do not have everything. They cannot compete with the net games collection. Hence, it is always better to rent PS2 games online so that you can get everything you need.

Another important factor is trying before you buy. of the best advantages to rent PS2 games is that you can check before purchasing. Sometimes you can read a journal, & you finish up believing that the game is nice & select you are going to buy it. Afterward you recognize this was not what you wanted. the opposite, sometimes they can avoid a quantity of them because of cost or even a bad review, & miss something that later they recognize they would have liked. By opting for the choice to rent, you get to check titles before trying, make sure you only buy the games you love & have an interest in.

Nobody said that video game playing was an cheap hobby. In fact, the costs add up quickly in case you buy what you play. At least that was true until the game rental video took place online. Now you can sign up with every month designs that cost  nothing & give you limitless access to games. Moreover, as mentioned above, by trying games before you buy, you can save funds on games you do not even get to enjoy.