Steve Jobs, 56, dies from cancer

James Ryan Jonas

Steve Jobs, the legendary icon behind Apple Inc., is dead.
The company announced today that Steve Jobs has passed away after years of battling cancer.
In 2004, Jobs announced that he has been diagnosed with a cancerous tumor in his pancreas and in 2009, he was forced to get a liver transplant. After several years of failing health, Jobs resigned as CEO of Apple Inc. on August 24, 2011.
The official statement from the company reads:
“We are deeply saddened to announce that Steve Jobs passed away today.
Steve’s brilliance, passion and energy were the source of countless innovations that enrich and improve all of our lives. The world is immeasurably better because of Steve.
His greatest love was for his wife, Laurene, and his family. Our hearts go out to them and to all who were touched by his extraordinary gifts.”’s frontpage was changed to a picture of Jobs, with the short line: Steve Jobs, 1955-2011.

The website also posted a short eulogy for their founder: Apple has lost a visionary and creative genius, and the world has lost an amazing human being. Those of us who have been fortunate enough to know and work with Steve have lost a dear friend and an inspiring mentor. Steve leaves behind a company that only he could have built, and his spirit will forever be the foundation of Apple.
Jobs was credited with revitalizing the company he founded when he took over the role as CEO in 1997. He is said to be the driving force behind Apple’s iconic products iPod, iPhone and iPad. Under his helm, the the company’s stock price grew by 36% per year.
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James Ryan Jonas teaches business management, investments, and entrepreneurship at the University of the Philippines (UP). He is also the Executive Director of UP Provident Fund Inc., managing and investing P3.2 Billion ($56.4 Million) worth of retirement funds on behalf of thousands of UP employees.