Mfarhanonline Social Media News: Shares of Apple fell by as much as 7 percent in after hours trading on Wednesday, following the news that Steve Jobs was resigning as CEO , effective immediately. Trading in Apple had been halted prior to the news, which was revealed in a statement by Apple around 6:34 p.m. ET. As of 6:59 p.m. ET, with shares once again trading, Apple was down more than $20 per share at $356. Since Jobs re-joined Apple as CEO in 1997, the company has seen its share price rise nearly one-hundred fold. Recently, Apple took the title of world's most valuable company from Exxon Mobil, though the oil giant has since regained a small lead. More About: apple , steve jobs For more Business & Marketing coverage: Follow Mfarhanonline Business & Marketing on Twitter Become a Fan on Facebook Subscribe to the Business & Marketing channel Download our free apps for Android , Mac , iPhone and iPad Social Media reviews series maintain by Mayya
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