Steven Paul "Steve" Jobs February 24, 1955 – October 5, 2011 was an American inventor and entrepreneur. He was co-founder, and chief executive officer of Apple Inc. Jobs was co-founder and previously served as chief executive of Pixar Animation Studios; he became a member of the board of directors of the Walt Disney Company in 2006.
In the late 1970s, Jobs along with Apple co-founder Steve Wozniak, Mike Markkula and others designed, developed, and marketed one of the first commercially successful lines of personal computers, the Apple II series. In the early 1980s, Jobs was among the first to see the commercial potential of Xerox PARC's mouse-driven graphical user interface, which led to the creation of the Apple Lisa and, one year later, the Macintosh. After losing a power struggle with the board of directors in 1985, Jobs left Apple and founded NeXT, a computer platform development company specializing in the higher-education and business markets.
In 1986, he acquired the computer graphics division of Lucasfilm Ltd, which was spun off as Pixar Animation Studios. He was credited in Toy Story (1995) as an executive producer. He remained CEO and majority shareholder at 50.1 percent until its acquisition by The Walt Disney Company in 2006, making Jobs Disney's largest individual shareholder at seven percent and a member of Disney's Board of Directors. Apple's 1996 buyout of NeXT brought Jobs back to the company he co-founded, and he served as its interim CEO from 1997, then becoming permanent CEO from 2000 onwards, spearheading the advent of the iPod, iPhone and iPad.From 2004, he fought a seven-year-long battle with cancer, eventually leading to his resignation as CEO in August 2011, during his third medical leave. After his resignation, Jobs was elected chairman of Apple's board of directors.
On October 5, 2011, around 3:00 p.m., Jobs died at his home in Palo Alto, California, aged 56, six weeks after resigning as CEO of Apple. A copy of his death certificate, which was made public on October 10, indicated respiratory arrest as the immediate cause of death, with "metastatic pancreas neuroendocrine tumor" as the underlying cause. His occupation was listed as "entrepreneur" in the "high tech" business.
In August 2011, Jobs resigned as CEO of Apple, but remained at the company as chairman of the company's board.Hours after the announcement, Apple Inc. (AAPL) shares dropped five percent in after-hour trading.The relatively small drop, when considering the importance of Jobs to Apple, was associated with the fact that Jobs' health had been in the news for several years, and he was on medical leave since January 2011. It was believed, according to Forbes, that the impact would be felt in a negative way beyond Apple, including at The Walt Disney Company where Jobs served as director. In after-hour trading on the day of the announcement, Walt Disney Co. (DIS) shares dropped 1.5 percent.
In the late 1970s, Jobs along with Apple co-founder Steve Wozniak, Mike Markkula and others designed, developed, and marketed one of the first commercially successful lines of personal computers, the Apple II series. In the early 1980s, Jobs was among the first to see the commercial potential of Xerox PARC's mouse-driven graphical user interface, which led to the creation of the Apple Lisa and, one year later, the Macintosh. After losing a power struggle with the board of directors in 1985, Jobs left Apple and founded NeXT, a computer platform development company specializing in the higher-education and business markets.
In 1986, he acquired the computer graphics division of Lucasfilm Ltd, which was spun off as Pixar Animation Studios. He was credited in Toy Story (1995) as an executive producer. He remained CEO and majority shareholder at 50.1 percent until its acquisition by The Walt Disney Company in 2006, making Jobs Disney's largest individual shareholder at seven percent and a member of Disney's Board of Directors. Apple's 1996 buyout of NeXT brought Jobs back to the company he co-founded, and he served as its interim CEO from 1997, then becoming permanent CEO from 2000 onwards, spearheading the advent of the iPod, iPhone and iPad.From 2004, he fought a seven-year-long battle with cancer, eventually leading to his resignation as CEO in August 2011, during his third medical leave. After his resignation, Jobs was elected chairman of Apple's board of directors.
On October 5, 2011, around 3:00 p.m., Jobs died at his home in Palo Alto, California, aged 56, six weeks after resigning as CEO of Apple. A copy of his death certificate, which was made public on October 10, indicated respiratory arrest as the immediate cause of death, with "metastatic pancreas neuroendocrine tumor" as the underlying cause. His occupation was listed as "entrepreneur" in the "high tech" business.
In August 2011, Jobs resigned as CEO of Apple, but remained at the company as chairman of the company's board.Hours after the announcement, Apple Inc. (AAPL) shares dropped five percent in after-hour trading.The relatively small drop, when considering the importance of Jobs to Apple, was associated with the fact that Jobs' health had been in the news for several years, and he was on medical leave since January 2011. It was believed, according to Forbes, that the impact would be felt in a negative way beyond Apple, including at The Walt Disney Company where Jobs served as director. In after-hour trading on the day of the announcement, Walt Disney Co. (DIS) shares dropped 1.5 percent.
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