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Steve Jobs Resigns As Apple’s CEO

Steve Jobs Resigns As Apple’s CEO

Steve Jobs is resigning from his position as CEO of Apple. In a letter dated today (August 24) sent to Apple’s board and to the “Apple community,” Jobs said that he would like to remain as “Chairman of the Board, director and Apple employee.” He also wrote:

“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 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.”

Jobs had surgery for pancreatic cancer in 2004 and a liver transplant in early 2009 and has been officially on indefinite medical leave since January, though he has appeared to announce new Apple products. It is “not clear,” says the New York Times, how much Jobs “has been involved in the company’s day-to-day operations recently.”

Apple has confirmed that COO Tim Cook is to replace Jobs. Cook took over Apple’s day-to-day activities during Jobs’s absence in 2009.

Jobs leaves a company seemingly at the pinacle of succes. Currently, Apple has more cash than the US, with a cash reserve of $75.9 billion; 95 percent of tablet users want Apple’s iPad.

We at wish Jobs the very best and thank him for his innovative work which has — certainly in our household — made a difference for many people’s lives.


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4:00AM PDT on Aug 30, 2011

I bought on of the first Apple II computers. It peaked my interest in the microcomputer industry in the early eighties and I realized then this was not a hobbyist market as the folks in the mainframe industry believed at the time. I have worked in the technology industry for the past 32 years. I have always admired Steve Jobs and consider him more of a leader in this microcomputer revolution then Bill Gates. Thank you Steve for all you have done and may God bless you and help you as you struggle now to care for your own health. We will miss you and the world will miss you. God Bless you !

10:02AM PDT on Aug 29, 2011

sounds like he is doing the right thing and the company is going to be well taken care of. I like apple, but i switched to PC products because they are more versatile and cheaper. apple products may be designed better but they are also limited in many ways and more expensive.

2:41AM PDT on Aug 28, 2011

20 years ago I used an Apple PC for the first time and knew then that Apple was the best system on the planet (I was a computer geek back then). After a lifetime of giving of his talents and building a new world paradigm through his technological genius Steve Jobs deserves highest accolades and our deepest gratitude. He has always been my hero in the gory story of the pc world vs mac. He is one of the world's great heros. I hope all will stand with me in wishing the recovery and return of his health in full. ...

9:50PM PDT on Aug 25, 2011

People, please read this more closely....he wants to remain as Chairman of the Board and "director". Perhaps he is doing fine and just wants more time outside of work! Let's hope that is his intent rather than that it is his health.

7:50PM PDT on Aug 25, 2011

I truly wish he and his family well. I have always been an Apple fan and will continue to support and purchase their products. Good luck Steve and thanks for everything you have done. If only more were like you.

3:22PM PDT on Aug 25, 2011

Seems a wise decision to me. If Steve Jobs is a visionary, he`ll contribute elsewhere, that`s certain.

3:11PM PDT on Aug 25, 2011

I wonder why he didnt commit suicide like the employees at his factory in China were doing . Oh thats right he can come and go as he pleases while they are locked in and can only spend their wages in his company store .

2:55PM PDT on Aug 25, 2011

Thoughts and prayers for Steve and his family. God bless.

12:30PM PDT on Aug 25, 2011

My family, friends and I will keep praying for HIS miracle hands be upon you, Steve.

Thanks for making all our lives more interesting and enjoyable with your fabulous toys!

12:27PM PDT on Aug 25, 2011

Steve Jobs is truly a visionary. Best wishes to him and his family.

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