Steve Jobs Steps Down as CEO of Apple

iChopstick on 25/08/2011 - 11:49

Steve Jobs resign as CEO of Apple, wonder how this will affect future development of iProducts :O

The Resignation letter:
To the Apple Board of Directors and the Apple Community:

I have always said if there ever came a day when I could no longer meet my duties and expectations as Apple”s CEO, I would be the first to let you know. Unfortunately, that day has come.

I hereby resign as CEO of Apple. I would like to serve, if the Board sees fit, as Chairman of the Board, director and Apple employee.

As far as my successor goes, I strongly recommend that we execute our succession plan and name Tim Cook as CEO of Apple.

I believe Apple”s brightest and most innovative days are ahead of it. And I look forward to watching and contributing to its success in a new role.

I have made some of the best friends of my life at Apple, and I thank you all for the many years of being able to work alongside you.

Steve

General Discussion

Comments

  • Ambiguous on 25/08/2011 - 12:12
    +3

    lol shares plummeted 7%. Now would be a good time to buy, thats a HUGE overeaction.

    • stumo on 25/08/2011 - 19:11
      +4

      iQuit

      That was the best quote of the day I saw.

  • SpaceNinja on 25/08/2011 - 12:19

    One wonders why he didn't wait for Iphone 5 release that is only like couple of months away.

    • CuteChocobo on 25/08/2011 - 13:05

      Because if iPhone5 sucked then Job is responsible. If he step down now Cook is the one who has to clean up the mess!

      Just kidding ;)
      Here is Gizmodo's analysis which I agree that Job chose a good time to resign!
      http://www.gizmodo.com.au/2011/08/why-steve-jobs-chose-the-p…

      • [Deactivated] on 25/08/2011 - 21:48

        CuteChocobo

        Thanks for the Gizmodo link. I think it makes very good sense. Leave when you know you have a winner coming out, and then everyone accepts that Jobs is not essential to Apple's success.

        He has an ego, but he also has a large number of Apple shares. I know its not fashionable, to think this way, but Jobs isn't into controlling the world as much as many think he is. He just has a vision, and that stems from a very simple one.

        He always wanted technology to be as easy to use as a Toaster, he sprouted that belief ever since the 128K Mac.

        And the only way you can do that is to make sure that you can only put toast in the Toaster. Hence the strict requirements to develop interfaces that are consistent.

        Sorry to see him go, but Apple does need to stand on its own rather than be his creation any longer.

  • m0nkeycheese on 25/08/2011 - 17:49
    +1

    Doesn't he have cancer or something? Would explain why he cant fulfil his 'duties'

    • issh on 25/08/2011 - 17:55

      Doesn't he have cancer or something?

      Yep, Pancreatic Cancer

      Would explain why he cant fulfil his 'duties'

      Could possibly be

  • lakers1222 on 25/08/2011 - 18:10
    +2

    That man ripped me off so many times but he's still a legend.

  • scotty on 25/08/2011 - 20:00

    Everyone knows that it is coming but it is still shocking. Yes, a legend indeed.

    /me having fond memory of playing all those games on my uncle's Apple ][

  • StewBalls on 25/08/2011 - 21:19
    +2

    I wonder if the black skivvies will be flying at half-mast at cafes around the world for the next week? :p

    • Trance N Dance on 25/08/2011 - 22:17
      +1

      First thing's first. I need to get myself a skivvy. Anyone know of any bargains?

      • StewBalls on 26/08/2011 - 09:21

        Steve might be selling his on ebay now he doesn't need them anymore! :)

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