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Steve Jobs Resigns As Apple CEO

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Steve Jobs (File:  Justin Sullivan/Getty Images News)

Steve Jobs (File: Justin Sullivan/Getty Images News)

SAN FRANCISCO (AP) _ Apple Inc. says Steve Jobs resigning as CEO, effective immediately.

The company said Wednesday that Jobs will be replaced by Tim Cook, who was the company’s chief operating officer.

It said Jobs has been elected as Apple’s chairman.

     (Copyright 2011 by The Associated Press.  All Rights Reserved.)

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