Steve Jobs Steps Down

Discussion in 'General Chat' started by RLQ, Aug 24, 2011.

  1. #1 RLQ, Aug 24, 2011
    Last edited by a moderator: Apr 25, 2016
    CUPERTINO (CBS/AP) – Apple Inc. says Steve Jobs resigning as CEO, effective immediately.

    The company said Wednesday that Jobs will be replaced by Tim Cook, who was the company’s chief operating officer.

    Jobs notified the company in a resignation letter that read:

    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.

    Jobs has suffered from a number of health problems in recent years. He went on indefinite medical leave in January, handing over day-to-day control to Cook. He remained involved in larger decisions at the company, and demonstrated the new iPad model at a news conference in March.

    I'm pretty sure Apple will do fine without Jobs.
  2. By Nick F-
  4. hope the stock drops so I can pick some up
  5. and I hope the tumbles!
  6. lol at people who bought stock today
  7. it will go back up, its Apple; every analyst rate their stock price way over what it is right now!
  8. do you think maybe now Apple will stop making shitty products?
  9. hey <A BORDER="0" HREF=""><IMG BORDER="0" SRC="pitlane/emoticons/smile.gif"></A>

    they are not shitty, the "politics" behind them is; like no allowing HD upgrades and legal stuff
  10. Dude needs a break. Tim Cook is good, though.
  11. uh oh, this could be the end yall
  12. is this going to affect the iphone 5 and iphone 6 and iphone 7 and iphone 8?
  13. who gives a shit
  14. apple#%$s obvi.
  15. Does it really matter? How much actual product development did Steve Jobs contribute to? He's still with the company, and will still be just as big an influence as before, just with a different title. People like this never really quit, they just let other people take over the #%[email protected] work. Like Bill Gates, Sergey Brin, etc.

    People thinking this means diddly squat are LOL
  16. Is it just me, or did you just contradict yourself?
  17. Iresign.
  18. Their stock only dropped to $1.84/share the last time he left Apple..

    When Tim Cook took over in 2004 for a short period, stock dropped and did not rebound until Jobs returned.
  19. By implying he didnt do much product development and then saying he will still be a big influence?
    He can be influential in the company without himself having an active role in the product development. Product development and overall business direction are two different things.

    But thats besides the point, I meant influential not so much within the company itself, but as a symbol of the company. In the public's eye, Steve Jobs IS apple and apple is Steve Jobs. Kinda like Bill Gates is Windows whether he likes it or not, even though he hasnt been CEO of Microsoft for more than a decade, and most his time and effort now are spent on other companies like Berkshire Hathaway, Cascade, Corbis, or his charity... no matter what he really does now he will still be the face of Microsoft.
  20. stock market stuff is a load of nonsense
  21. Steves jobs run from me

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