Steve Jobs: No Longer the CEO

“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. ” – Steve Jobs

The legend of Silicon Valley, Steve Jobs, has announced his resignation as the Chief Executive Officer of Apple Inc. Analysts have never expected Jobs’s resignation; the new iPhone is rumored to be unveiled next month and iPad 3 later in early 2012. Previously Steve Jobs has made an appearance to unveil the iPad 2 earlier this year and just recently at the iOS 5 event.

As the CEO of Apple, Steve Jobs has proven that innovation does play a major role when it comes to the development of a company:

  • Introduction of Multi-touch technology on a phone (iPhone)
  • Introduction of Tablet Computing (iPad)
  • Microsoft is no longer the biggest technology company
  • Nokia is no longer the biggest phone company

Updates:

  • Effective immediately; Tim Cook is the new CEO of Apple Inc.
  • Steve Jobs has been named as the Chairman of the Board.

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