Steve Jobs(AP Photo)

If you haven't heard, Steve Jobs has just quit his post as CEO, and named his replacement.

The implications of this are huge, especially if you consider the fact that exemplified by the 6.57 percent drop in Apple shares in Frankfurt after the announcement was made.

Remember, this is the guy who gave us so many iconic devices, including the Apple II, the iMac, iPod and iPad.

He's also an amazing businessman, whose wealth was estimated at about US$5 billion in 2009.

Apple has now lost not only a visionary who cuts no corners when it comes to innovation, but also the charismatic face of the company that millions of people in the world have come to know and love.

Because of his creation of gadgets that are both aesthetically and functionally pleasing, Steve Jobs has developed a following that numbers in the tens of millions, if not more.

Without the visionary, would Apple be able to sell new products to its audience as easily? Probably not.

Unfortunately for Apple, Steve Jobs has such a cult of personality that he could convince people that melted ice cream was a great thing to buy.

We have now lost one of the key personalities in technology, and Apple may have a hard time recovering from the loss of their "iCon".

What do you think will happen to Apple now that Steve Jobs has quit? Please share your thoughtsthrough the comments box below!

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Photos: Steve Jobs - The 'iCon' says 'iQuit'