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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...

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.

Apple's Steve Jobs resigns. Here are five reasons why Jobs made his mark as one of the greatest CEOs in the world.

Steve Jobs co-founder of Apple (AAPL), a visionary, and the driving force behind one of the United States' premiere and most trail-blazing companies in the modern/postmodern era, has had several medical leaves.

Steve Jobs has resigned as Apple's leader. The move has been speculated because of questions over Jobs' health. He was diagnosed with a rare form of pancreatic cancer in 2004 and underwent a liver transplant two years ago. Speculation has focused on when Jobs might retire, but even though the timing might come as a surprise, Jobs' impact as a 21st century leader is clear. Here are five reasons Apple's Steve Jobs made his mark as one of the greatest CEO's ever.

Anticipation is running rampant for the next version of Apple's flagship phone, the iPhone 5, with leaks and rumors pointing to release dates and specs almost on a daily basis.

Apple is leveraging a common user experience across its entire iOS ecosystem (iPod, iPhone & iPad) into significant product, branding and quality advantages.

The new update offers improved bug fixes.

The upcoming iPad 3 is due to arrive in early 2012 and is expected to go into trial production by October.

Apple Inc.'s next generation iPhone, dubbed iPhone 5, is facing much competition from Android devices. It is being speculated that the iPhone 5 is scheduled to come out at the end of September or in October. The top iPhone 5 competitors are: Motorola Droid HD, Samsung Celox, HTC Holiday, Samsung GT-i9220, and Samsung GT-i9250.

The buzz on the release date of Apple iPhone 5 has reached a fever pitch and the latest scoop is that the smartphone will be released on Oct. 7 with pre-orders likely to begin from Sept. 29 or 30. And we are loving it.

Apple fans have reasons aplenty to rejoice. If rumors are to be believed then the images in this article were taken from a factory in China where employees are working on iPhone displays.

Apple's App Store has opened a new realm for ingenious entrepreneurs looking to cash in on iPhone, iPad and iPod touch ubiquity.

Google has agreed to buy struggling Motorola Mobility for $12.5 billion -- or $40 per share -- suddenly opening the door to Microsoft as it vies for new life in the mobile phone software business.

Apple's latest lawsuit comes from 27,000 South Koreas, upset over privacy violations involving location services on the company's iPhone smartphone, iPad tablet and iPod Touch.

Google Inc.'s Android is dominating smartphone sales in Australia, overtaking Apple Inc.'s iOS for the first time, according to a new research.

Google has agreed to buy struggling Motorola Mobility for $12.5 billion or $40 a share in cash, making a positive situation for Microsoft as it vies to get back into the mobile phone business.

Steve Jobs' inventions/projects at Apple have shaped how we live, work, and play.

The latest lawsuit against Apple: 27,000 South Koreans in a class-action suit over privacy relating to the iPhone, iPad and iPod Touch.

Apple is being sued by 27,000 South Koreans over privacy issues involving location services in the iPhone and iPad.