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Steve Jobs' resignation is biggest blow to Apple Inc, which is at the peak of its success.
His decision comes at a time when Apple is set to be crowned the world's most valuable firm as well.
Starting from 1976 to 2011, it has been an incredible journey for Steve Jobs steering it successfully through its up and downs.
Here's a look at the Apple's historic timeline...
1980: Initial public offering of Apple; market value of company rose to $1.2 billion; Apple III introduced with eight applications, including text and graphics.
1984: Apple launches the Macintosh computer.
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1991: Apple launches the Powerbook laptop.
1996: It's a comeback for Jobs after Apple's stock slips to an all-time low. After Apple acquires NeXT, Jobs gets back to Apples.
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1998: Under Jobs' leadership, iMac desktop computer is launched, followed by the iBook in 1999.
2001: Apple brings forth a revolution in the music industry with the the iPod digital music player, one of the company's biggest hits.
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2007: The iPhone was launched. Backed by strong sales of iPhones and iPads, Apple Inc reported an over two-fold growth in net income to $7.31 billion for the April-June quarter of 2011.
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January 2009: Finally, on January 5, Apple announced that his weight loss was due to a hormone imbalance. Jobs goes on a long leave.
20 June 2009: Steve Jobs undergoes a liver transplant and extends his leave.
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January 2011: Steve Jobs takes medical leave from Apple, assigns charge to Tim Cook.
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Jobs also unveiled his grand plan for a new spaceship campus.
24 August 2011: It is the end of over 3 decades of Steve Jobs' trials and tribulations at Apple. He resigns as CEO of Apple and appoints Tim Cook as CEO.