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In 2003, Jobs was diagnosed with a pancreas neuroendocrine tumor. Though it was initially treated, he reported a hormone imbalance, underwent a liver transplant in 2009, and appeared progressively thinner as his health declined.[21] On medical leave for most of 2011, Jobs resigned as Apple CEO in August that year and was elected Chairman of the Board. He died of respiratory arrest related to his metastatic tumor on October 5, 2011. He continues to receive honors and public recognition for his influence in the technology and music industries.
After difficulties developing a new Mac OS, Apple purchased NeXT in 1996 in order to use NeXTSTEP as the basis for what became Mac OS X.[13] As part of the deal Jobs was named Apple advisor. As Apple floundered, Jobs took control of the company and was named "interim CEO" in 1997, or as he jokingly referred to it, "iCEO". Facing near bankruptcy at the time of his return,[14] Jobs quickly improved the company's fortunes and returned it to profitability in 1998.[15] Over the next decade, Jobs oversaw the development of the iMac, iTunes, iPod, iPhone, and iPad and on the services side, the company's Apple Retail Stores, iTunes Store and the App Store.[16] The enormous success of these products and services, providing years of stable financial returns, propelled Apple to become the world's most valuable company in 2011.[17] The reinvigoration of the company is regarded as one of the greatest business turnaround stories in history.[18][19][20].
After difficulties developing a new Mac OS, Apple purchased NeXT in 1996 in order to use NeXTSTEP as the basis for what became Mac OS X.[13] As part of the deal Jobs was named Apple advisor. As Apple floundered, Jobs took control of the company and was named "interim CEO" in 1997, or as he jokingly referred to it, "iCEO". Facing near bankruptcy at the time of his return,[14] Jobs quickly improved the company's fortunes and returned it to profitability in 1998.[15] Over the next decade, Jobs oversaw the development of the iMac, iTunes, iPod, iPhone, and iPad and on the services side, the company's Apple Retail Stores, iTunes Store and the App Store.[16] The enormous success of these products and services, providing years of stable financial returns, propelled Apple to become the world's most valuable company in 2011.[17] The reinvigoration of the company is regarded as one of the greatest business turnaround stories in history.[18][19][20].
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