Apple has confirmed that company co-founder Steve Jobs died on Wednesday at the age of 56. Jobs -- who battled serious health problems over the last few years, including a liver transplant in 2009 -- stepped down as Apple's Chief Executive Officer on Aug. 24, 2011 because he could no longer meet the "duties and expectations" of the position.
Jobs, along with Steve Wozniak and Ronald Wayne, founded the computer company Apple in 1976. In 1985, Jobs would resign from Apple over a difference of opinion in company strategy. Jobs then founded NeXT Inc., which, fittingly, was purchased by Apple in 1996 -- bringing Jobs back to the company that he founded. The next year, Jobs was installed as CEO. Under Jobs' leadership, Apple became a cutting edge force, not just with personal computers, but also with mainstay products such as the iPod, iPhone and iPad.
Jobs' influence in film was extensive. In 1986 he acquired The Graphics Group from Lucasfilm's computer graphics division for the price of $10 million. Renamed Pixar, he would eventually sell the company to Disney for $7.4 billion in 2006. From 'Toy Story' to 'Cars 2,' Pixar films have grossed over $3 billion at the domestic box office.
Jobs also helped revolutionize the way movies are watched, with the distribution of digital files through the Apple online media store iTunes.
"Steve Jobs was a great friend as well as a trusted advisor," Disney president and CEO Robert Iger said in a statement. "His legacy will extend far beyond the products he created or the businesses he built. It will be the millions of people he inspired, the lives he changed, and the culture he defined. Steve was such an 'original,' with a thoroughly creative, imaginative mind that defined an era. Despite all he accomplished, it feels like he was just getting started.
"With his passing the world has lost a rare original, Disney has lost a member of our family, and I have lost a great friend."
Oscar winning 'Toy Story 3' director Lee Unkrich echoed those statements on Twitter: "Steve Jobs was an amazing human being, and I will miss him dearly."
Jobs is survived by his wife, Laurene Powell Jobs, and his four children.
"TDDF" will have much more to say over the coming days about the passing of such an innovative figure.