Steve Jobs Resigns As Apple CEO

[SouthBeach]

http://blogs.wsj.com/deals/2011/08/2...-as-apple-ceo/

"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."

[Scott]

Re: Steve Jobs Resigns As Apple CEO

Expected due to health.

[tbbucsfan001]

Re: Steve Jobs Resigns As Apple CEO

Expected due to health.

Yep, no surprise here.

[ehh]

Re: Steve Jobs Resigns As Apple CEO

Wow, sad to see. Many have questioned Apple's future post-Jobs...guess that era begins now.

[NikeBlitz]

Re: Steve Jobs Resigns As Apple CEO

Take care of you Steve.

[CMH]

Big shoes to fill. Not often a CEO really shapes a company the way Jobs did Apple.

Lots of strategy, designs came from him. Real interesting to see how the next CEO is treated by the public when the first mistake is made.


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- Sent from my mobile device.

[kingkilla56]

Re: Steve Jobs Resigns As Apple CEO

Damn, tough shoes to fill huh?

[Happy29]

Re: Steve Jobs Resigns As Apple CEO

Glad I sold my stocks yesterday His replacement is from Robertsdale, Alabama a small farming community with a population of about 4,000, the same community my wife is from. Lets see how good they do now.

[IndianBird]

Glad I sold my stocks yesterday His replacement is from Robertsdale, Alabama a small farming community with a population of about 4,000, the same community my wife is from. Lets see how good they do now.

They'll do fine. The replacement is the current COO. I'm betting he was in on everything Jobs was in on.

[TheMatrix31]

Re: Steve Jobs Resigns As Apple CEO

They'll be hooked. Apple has a stranglehold on everything. That's what good marketing gets ya.

[Scott]

Re: Steve Jobs Resigns As Apple CEO

It's not like he's leaving the company though, he's still the chairman.

[cubsfan203]

Re: Steve Jobs Resigns As Apple CEO

Glad I sold my stocks yesterday His replacement is from Robertsdale, Alabama a small farming community with a population of about 4,000, the same community my wife is from. Lets see how good they do now.

Timing is everything. Their stock has dropped 5% in after hours trading, so it will probably be possible to get it for $350 a share tomorrow which is a steal.

[bkfount]

Re: Steve Jobs Resigns As Apple CEO

They'll do fine. The replacement is the current COO. I'm betting he was in on everything Jobs was in on.

Yeah, Jobs probably did his best to groom execs and set up the company for years to come. They won't fall like the last time he left, but there's still reason to wonder about the kind of stagnation MS had under Ballmer.

The next few years will be pretty important to them as competition looks to chip away at the smartphone and tablet markets. Android is already a giant and someone will figure out how to sell a non ipad tablet someday.

[Blzer]

Re: Steve Jobs Resigns As Apple CEO

I first read this as "re-signs." What a 180 the realization was!

[dickey1331]

Re: Steve Jobs Resigns As Apple CEO

Sad to see him go. Will be interesting what will happen next, Jobs did wonders for Apple.