Steve Jobs reversed Apple's poor fortune and revolutionised the technology industry, say local commentators.
Science Media Centre's Peter Griffin said Jobs deserved to be regarded in the same light as pioneers like Henry Ford.
"Jobs was ahead of his time and the technology has caught up with his vision. The iPad, which is only a couple of years old, he wanted to get going in the early 1990s with the Apple Newton," Griffin said.
"Everyone else is trying to play catch-up and all the big changes we've seen, like Google buying Motorola, HP looking to get out of PCs and ditching their tablet business, all that chaos and carnage has been caused by Apple."
Apple's chief operating officer Tim Cook will take over as chief executive.