“It was a bittersweet year for Apple. In 2011, the company broke sales records and pulled in its biggest profits ever, but lost CEO and co-founder Steve Jobs, who passed away in October,” Josh Lowensohn reports for CNET.
“Jobs began the year by taking what would be his last medical leave of absence from the company, once again leaving COO Tim Cook in charge,” Lowensohn reports. “Jobs maintained his position as CEO for most of the year, emerging in public only to help launch the iPad 2 in March, and iCloud and iOS 5 at Apple’s WWDC event in June. His last public appearance was to pitch Cupertino’s city council on the company’s plans to build a second campus.”
Lowensohn reports, “Jobs stepped down as CEO of Apple in August, with the company’s board electing to put Cook in charge, and name Jobs as its chairman. Jobs died at home on October 5, the day after Cook and company took the wraps off Apple’s newest iPhone.”
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