Apple's board of directors has issued the following statement:
"We are deeply saddened to announce that Steve Jobs passed away today.
Steve's brilliance, passion and energy were the source of countless innovations that enrich and improve all of our lives. The world is immeasurably better because of Steve.
His greatest love was for his wife, Laurene, and his family. Our hearts go out to them and to all who were touched by his extraordinary gifts."
Jobs has been instrumental in many of Apple's hit products, stretching back to 1976 with the Apple I and all the way to the modern-day iPhone and iPad. He revealed to Apple employees in 2004 that he'd been diagnosed with pancreatic cancer and underwent at least one liver transplant in 2009.
Apple has reportedly released a statement saying that Jobs has died of pancreatic cancer.
(PHOTOS: Steve Jobs: An Extraordinary Career)