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Apple stock (AAPL) drop after CEO Steve Jobs resigned . Shocking news this week came from Apple CEO, namely: Steve Jobs, Apple's CEO turns has resigned from Apple's corporate giants that have been raised by him. Apple shares dropped 5.1 percent to $357.10. Apple's stock getting battered in the stock market after the party issued an official announcement regarding the resignation of Apple CEO Steve Job s. Steve Jobs gave the whole operation to Tim Cook. The company released a statement announcing resignation Jobs around 15:30 Pacific, after the market closed in New York, and as a Pacific 5:00, Apple's stock price has fallen from 376.18 to 356.61, down 5.20 percent. With regard to resign himself Apple CEO Steve Jobs turned a few online stores that usually deal with Apple products out of stock, especially for popular products such as notebook Macbook Air-sized 13-inch or 11 inch. The online store that has experienced this problem is Amazon.com.

Apple reported on Tuesday third-quarter earnings higher than analysts had expected, but provided its usual conservative guidance. Revenue came in at $8.34 billion, resulting in earnings of $1.35 per share. That's a 12 percent increase from a year ago, when Apple reported earnings of $7.46 billion and earnings per share of $1.19. The numbers for the quarter were even better than what analysts had predicted: They were expecting $1.17 in earnings per share and revenues of $8.2 billion. The second wild card notion is the late-quarter boost that the iTunes store received in the last week of the quarter from sales of Michael Jackson music . We do not put much credence in this being any material event because one artist’s sales, even a dead legend causing a boost in sales, is unlikely to mount much difference when a company is expected to post $8+ billion in sales for the quarter. Apple's earnings equate to more good news for the tech sector: last week had Intel, Dell, and IDC'...