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!