Breaking: Steve Jobs dead

Steve Jobs, former CEO of Apple, has died aged 56.

Apple's board of directors put out a statement confirming Jobs' passing at 10.34am Australian eastern standard time.

"We are deeply saddened to announce that Steve Jobs passed away today," the note said. "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' family put out a statement shortly afterwards.

"Steve died peacefully today surrounded by his family.

"In his public life, Steve was known as a visionary; in his private life, he cherished his family. We are thankful to the many people who have shared their wishes and prayers during the last year of Steve's illness; a website will be provided for those who wish to offer tributes and memories.

"We are grateful for the support and kindness of those who share our feelings for Steve. We know many of you will mourn with us, and we ask that you respect our privacy during our time of grief."

Jobs had been battling a rare form of pancreatic cancer. He took medical leave from the company on January 17, before handing over its reigns to Tim Cook on August 25.

Apple has also created a web page for customers and partners at http://www.apple.com/stevejobs.