Steve Jobs Steps Down As Apple CEO

Steve Jobs has stepped down as Apple CEO, but will remain a part of the company. Tim Cook, former Chief Operating Officer will take Jobs role as CEO. Jobs has been elected Chairman of the Board.

Below is Jobs’ 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.

sjobs

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

Steve has had many health issues for the past several years causing him to take time off. In August 2004, Jobs had surgery to treat a rare form of pancreatic cancer. He returned in September of the same year. In January 2009, Jobs suffered from a hormone imbalance that was impeding his body’s ability to absorb certain proteins. In April of 2009, Jobs had a liver transplant and returned to work in early July.

For those that don’t know Tim Cook, he is 50 years old. Tim became part of Apple in 1998 as a senior vice president of worldwide operations and was promoted to chief operating officer in 2004

How will this affect Apple and their future product releases with Steve Jobs not being the “face” of Apple now? Come comment on my Facebook page to voice your opinion!

Hot this week

Did David Wineland and Serge Haroche Steal Idea For The Nobel Physics Prize?

Dr. Omerbashich says the Royal Swedish Academy is a Crime Scene and he has the proof that Nobel laureates stole his discovery.

New Approaches to Disaster Relief Challenges

Disaster relief has always been a challenge. NASA, Google,...

3 Legitimate Money Making Methods to Supplement Your Income

In a perfect world, when your landlord raises your...

2016 Predictions by World Renowned Medium and Psychic Lindy Baker

World renowned medium and psychic Lindy Baker is interviewed by The Hollywood Sentinel, discussing psychic power, the spirit world, life after death, areas of concern in 2016, and much more.

Digital Coupon Customers Spending More Than Double At Stores

A new study shows that customers who use digital coupons go shopping more for groceries and other household goods more often and spend more on their shopping trips.

What Bench’s Collapse Taught the Bookkeeping Industry

The December 2024 shutdown was not an argument about outsourcing. It was an argument about who owns the general ledger, and the industry took the wrong lesson.

When a Missed Diagnosis Costs More Than a Botched Surgery

A missed cancer screening can cost a family everything:...

Doug Hoven Jr. on What AI Gets Right, and Wrong, About Buying a Home in Hampton Roads

Doug Hoven Jr., a realtor with The Ron Sawyer Team at RE/MAX Prime in Hampton Roads, watches ai advances happen in real time.

Azerbaijan’s Iran Problem

Azerbaijan’s Iran problem deepens as drone strikes, media bans and alleged IRGC plots expose Baku’s role in the wider war.

Steven Capuano on the Documents Founders Sign Too Fast

Steven Capuano has a test for how much trouble a young company is in. He does not look at revenue, headcount, or the pitch deck.

Hiring’s Overlooked Advantage: How Adam Kidan Built a Business on Second Chances

Adam Kidan president of Empire Workforce Solutions says second-chance hiring helps employers find dependable workers overlooked by rigid filters.

Related Articles

Popular Categories