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Steve Jobs Resigns 
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According to BBC news 24.

According to the LA TImes, Tim Cook takes over. He's the guy who has stood in while Jobs was off getting cancer treatment.

Jon


Last edited by jonbwfc on Wed Aug 24, 2011 10:53 pm, edited 1 time in total.



Wed Aug 24, 2011 10:51 pm
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http://www.reuters.com/article/2011/08/24/us-apple-idUSTRE77N82K20110824

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(Reuters) - Silicon Valley legend Steve Jobs on Wednesday resigned as chief executive of Apple Inc in a stunning move at the technology giant he co-founded in a garage.

The 55-year-old Apple co-founder and pancreatic cancer survivor has been on medical leave for an undisclosed condition since January 17.

Apple said Steve Jobs has been elected chairman and Tim Cook has been elected CEO.

(Reporting by Poornima Gupta; Editing by Phil Berlowitz)

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Wed Aug 24, 2011 10:53 pm
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In a short letter to the board of Apple, Mr Jobs wrote: "I have always said if there ever came a day when I could no longer meet my duties and expectations as Apple's chief executive, I would be the first to let you know.

"Unfortunately, that day has come. I hereby resign as chief executive of Apple.


:( Don't like the sound of this...looks like his health has taken a downturn.

More from BBC here.

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Wed Aug 24, 2011 11:38 pm
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Paul1965 wrote:
:( Don't like the sound of this...looks like his health has taken a downturn.


No, it doesn't sound good, does it. I feel for his family - no matter what people might think of the guy, having a loved one in that condition is never nice.

From a business perspective, it's difficult not to find the Apple story - and Jobs' central role in it - fascinating. Forget the fanboy stuff (and the haters' vitriol, which I'm sure there'll be plenty of today) but the company has never been dull.

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Thu Aug 25, 2011 5:04 am
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And so Apple move onwards into a new era.
Ars coverage here: http://arstechnica.com/apple/news/2011/ ... iately.ars


Thu Aug 25, 2011 5:41 am
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This is going to be... interesting. There are very few times where a company at all the size that Apple now is has been so associated with one person and their success attributed to that one person. We've seen the experiment, now we're going to see the 'control group'. Will it turn out that Apple were driven pretty much entirely by the force of personality of that one man, or was it in fact largely a collaborative effort which he's only had a contributory role in ever since his health issues first manifested?

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Thu Aug 25, 2011 6:31 am
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He has only resigned as CEO.

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In his resignation letter, Jobs said: "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 hope he makes a full recovery.

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Last edited by Amnesia10 on Thu Aug 25, 2011 7:00 am, edited 1 time in total.



Thu Aug 25, 2011 6:50 am
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Amnesia10 wrote:
He has only resigned as CEO.
Because he can't meet the duties of the job, which is highly likely due to his seemingly ongoing health issues.

Mark

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Thu Aug 25, 2011 6:55 am
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timark_uk wrote:
Amnesia10 wrote:
He has only resigned as CEO.
Because he can't meet the duties of the job, which is highly likely due to his seemingly ongoing health issues.

Mark

It was probably because of the time involved. The other jobs can be done part time.

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Thu Aug 25, 2011 7:02 am
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Steve Jobs wrote:
iQuit

sent from my iPad

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Thu Aug 25, 2011 7:50 am
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Hardly unsurprising, after all he's been on sick leave since January, that situation clearly couldn't go on indefinitely - maybe either Apple told him that they needed to resolve that, or maybe Tim Cook has become impatient at being the temporary stand-in guy and wanted a permanent position (whether that's going back to his old role or taking the CEO job permanently).

Guess no one really knows what's gone on apart from those at the highest level. A role like CEO of Apple must be a very stressful and demanding job, so if you're not 100% then you can't give it the attention and commitment it deserves.

He's still going to be Chairman and on the board of Directors, so his influence will still be a part of Apple - it's just that he won't be taking the day-to-day decisions, which I suspect is the reason he's stepped down from that role.

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Thu Aug 25, 2011 8:30 am
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timark_uk wrote:
Amnesia10 wrote:
He has only resigned as CEO.
Because he can't meet the duties of the job, which is highly likely due to his seemingly ongoing health issues.

Mark

Do you think he has iAds?

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Thu Aug 25, 2011 9:58 am
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I hope he makes a full recovery too.

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jonbwfc wrote:
Caz is correct though


Thu Aug 25, 2011 11:47 am
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All the news articles are like obituaries already. :(

As long as Jonathan Ive is still head of design, I think Apple's future looks OK. If he goes (it was reported that he wanted to return to the UK) then there could be more of a problem. At least Steve still has some influence over Apple for the time being; I hope his health lets him continue for a long time to come.

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Thu Aug 25, 2011 12:09 pm
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bobbdobbs wrote:
Steve Jobs wrote:
iQuit

sent from my iPad

Reminded me of Finlay's post on Fb:
Finlay wrote:
I bet Steve Jobs meant to say he "REIGNS" as CEO of Apple, but his iPhone's autocorrect changed it to "resigns.


steve74 wrote:
Guess no one really knows what's gone on apart from those at the highest level. A role like CEO of Apple must be a very stressful and demanding job, so if you're not 100% then you can't give it the attention and commitment it deserves.


I wonder if any of this will be in the biography coming out in November...? It's very short notice, but perhaps they could squeeze something in?

Paul1965 wrote:
As long as Jonathan Ive is still head of design, I think Apple's future looks OK. If he goes (it was reported that he wanted to return to the UK) then there could be more of a problem.


+1


Thu Aug 25, 2011 12:18 pm
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