PALO ALTO, Calif. - Watch segments from Apple co-founder Steve Jobs' commencement speech at Stanford University in 2005.

"If you live each day as if it was your last, someday you'll most certainly be right," Jobs told the crowd of new graduates. "Your time is limited, so don't waste it living someone else's life."

Jobs passed away Wednesday after a battle with pancreatic cancer.

Apple co-founder Steve Jobs dead at 56

Apple statement

White House statement

Key dates from the life and work of Steve Jobs