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Apple Stock Price Falls On News Of The Death Of Steve Jobs :

Apple's share price has risen over 9000% since Steve Jobs returned in 1997, and doubled in the last two years

The news of the death of Steve Jobs leads Apple's share price down more than 5% in Frankfurt on Thursday morning.

The vision co-founder of Apple - considered the mastermind of an empire of products that has revolutionized the computer telephony industry and music - died of a rare form of pancreatic cancer at age 56 California. He resigned in August, CEO of the company he founded in 1976 with his childhood friend Steve Wozniak.

From Apple is now trading 3.5% lower at € 273, after reaching a low of € 270 in Frankfurt. The shares are not traded in London. They are expected to open lower after Wall Street opens at 2:30 London time.

Apple was briefly the world's most valuable company this summer, hit the oil giant Exxon Mobil in the first place. Revenues increased $ 7.1 billion (£ 4.6bn) in 1997 to $ 65.2bn a year.

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Jobs was ousted from the company in 1985 and continued to buy the Pixar animation studio, before he returned to Apple in 1997. It was near bankruptcy, and therefore only worth $ 2 billion. But then came with the iMac first, and in 2001 the first iPod showed.

Apple's share price has risen over 9000% since Labour returned in 1997. The shares have more than doubled over the past two years, while Microsoft has only received 5.1% and Intel has increased by 14%. Hewlett-Packard fell 48%.