Steve Jobs resigns as Apple CEO

Bucket · 24 Aug 2011 at 23:44

It's being reported all over the place at the moment and is breaking news that Steve Jobs has just resigned as Apple CEO.

http://blogs.wsj.com/deals/2011/08/24/steve-jobs-resigns-as-apple-ceo/

Here is the just released letter from Steve Jobs:

***

PRESS RELEASE: Letter from Steve Jobs

August 24, 2011–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.

Apple will now be entering a very interesting period. Hopefully his health is OK.

He will of course I'm sure be a massive influence still but perhaps he is taking a bit of pressure off himself and deal with a bit less stress.

fornowagain · 24 Aug 2011 at 23:45

Yeah just reading it now...

Turbo-G · 24 Aug 2011 at 23:47

Yeah me too, just saw it pop up on my twitter feed for Mac Rumors...

Hope all is OK with his health.

Raymond Lin · 24 Aug 2011 at 23:49

It just popped up on BBC news.

Robbo · 24 Aug 2011 at 23:52

Apple has confirmed that Jobs will stay on as Chairman.

Not totally gone then.

dasyad · 24 Aug 2011 at 23:54

Related to his health?

sunny007 · 24 Aug 2011 at 23:55

Maybe the reason for the new iPhone delay

FreeStream · 24 Aug 2011 at 23:55

dasyad said:
Related to his health?

Certainly.

Glad he hasn't left completely.

The technological world has a lot to thank him for, that is for sure.

Wonder if he will be at the next Keynote...

Turbo-G · 24 Aug 2011 at 23:56

Not confirmed, but I expect its related as the PR quotes him saying:

"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."

Raymond Lin · 24 Aug 2011 at 23:57

I think the Chairman thing is just in name only and to stop Apple stocks fall as much as it would if he quite totally.

His health is not good enough to do the day to day running of a CEO, Chairman just sits in big meetings, and he could do that from his bed.

Bucket · 24 Aug 2011 at 23:57

Turbo-G said:
Not confirmed, but I expect its related as the PR quotes him saying:

"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."

In the original post

Rameses · 25 Aug 2011 at 00:08

I'm not fused about Tim Cook becoming CEO at all I'm just worried about his health, this could be a sign of sorting his affairs like some do when they know their time is up. I hope I'm wrong.

Kemik · 25 Aug 2011 at 00:11

Everyone knew the day was coming. Unfortunately it looks like his health hasn't improved

Get well soon Mr Jobs!

Nemesis379 · 25 Aug 2011 at 00:18

Robbo said:
Not totally gone then.

+1

geekyEd · 25 Aug 2011 at 00:19

aaah its a sad day for Apple then, I hope he's not in to much trouble health wise

itsallaboutyou · 25 Aug 2011 at 00:21

A sad day. But Tim Cook is the ideal replacement. He's already had lots of media exposure at keynotes etc.

Hopefully Steve can concentrate a bit more on his health now.

theheyes · 25 Aug 2011 at 00:46

Nothing much to say except wish the guy well with his health. I don't think Apple have anything to worry about but I expect to see a few people freaking out and overreacting at the news.

v0n · 25 Aug 2011 at 01:00

Wow. Stock market will go nuts tomorrow...

explicit4u · 25 Aug 2011 at 01:02

Whatever loss in stock value will probably be gained back as soon as they announce/launch the next iPhone

Rameses · 25 Aug 2011 at 02:17

I posted this in GD's thread before it falls into the usual cesspit of fanboy vs. fanboy. :/

It's such a shame that people can be so disgusting towards a guy, who, has done more than they'll ever do combined. If the Google bosses quit or the MS bosses quit there wouldn't be even a whiff of this type of negativity.

Apple may not have started touch screens or apps but they sure as hell showed the world how to do it on a grand and simple way. Just like the rest that follow, who had to follow, seeing the success Apple had with its iPhone/iOS.

People say they are overpriced, overprotected but they simply work, perhaps too simply for the geeks out there and their modding needs but selling 20m units a quarter tells a story all by itself.

People are writing that he is already dead, and perhaps he is close to that fate but so what, show some respect. Apple have pushed/dragged technology forward a lot faster than it would've been hadn't Apple constantly innovated, anyone who says they don't is clearly small-minded.

It isn't about fanboys yapping at each other, if you lower yourself to that (regardless of which 'team' you support, you're fanboys non the less). It's a about a guy thats achieved a lot in life and helped build the richest company in the world, yet his personal wealth is no where near that of other similar company CEO's / Founders. It's about respect and a thank you for your commitment and vision.

I know he maybe isn't ready to quit, but I'm sure that he'll be content with his life and happy of what he achieved...

Finally, again, even though I sound like he's already dead, I just hope he can enjoy whatever time he has left with his family and friends.

Peace.