News of resignation of Chief Executive of Apple Inc, Steve Jobs, received a mixed response from the market, as market saw topsy-turvy reaction from the Company as well as from its stakeholders.

It has been widely known that Steve Jobs had been battling with cancer for a long time and it was just a matter of time that he hangs his boots. Though Tim Cook was quickly named CEO of the Company, perhaps that’s the reason that shares of the company got appreciation in Asia trade on Thursday.

It was reported that Samsung, who supplies key components such as chips and displays that go into Apple's devices, didn’t come out to respond to the news and even HTC remained silent.

It’s being believed that the kind of grip Apple has in the market is unmatchable and that’s the reason that markets are expecting something positive coming their way.

It was seen that shares of Taiwan-based Hon Hai Precision Industry Co. (2317. TW), which assembles Apple's gadgets at factories in China, were down by 1.7% at NT$ 63.70, and even shares in touch screen supplier Wintek Co fell 4.8% to NT$22.80 along with drop of 3.7% % at NT$219 in shares of Catcher Technology Co.

Nonetheless, it’s yet to be seen that how Tim Cook take this Company from this low.