As many of you have heard by now probably, Steve Jobs has resigned as CEO of Apple Inc. Here is his resignation letter:
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.
(Courtesy of Mashable)
Across the internet, emotions are mix as people reflect on the man and on Apple as a company. Comments located on various news sites and blogs range from, “Good luck Mr. Jobs” and “God Bless Steve Jobs” to “Steve Jobs resigned? YES!”
I was, and yet wasn’t, shocked by the news of his resignation. I knew this day would come. Steve had been fighting various health issues including liver cancer and complications from surgeries. Bloomberg reported not too long ago that he had been house-ridden for the last several weeks, but was able to work and attend today’s board meeting (yesterday as of this posting).
Apple’s stock dropped 5-6 percent in after hours trading last night, but recovered and was only down by tenths of a percent after the news hit investors in the morning. Investors have been told by analysts, and I agree with them, that there is no need to panic. Apple can and will still function just fine with Tim Cook, former COO now CEO. Plus, Steve Jobs isn’t saying goodbye to Apple. He is merely taking a new role as chairman of the board of directors. Also, just a FYI, he is not leaving his post at Disney either.
Many of us in the blogging / news industry knew that Steve’s health has been deteriorating since he had his liver transplant. It was only a matter of time when we would hear that Steve resigned, but again, I don’t think there’s no need to panic. Tim Cook shares the same Apple values as Steve. Time does not want Apple to change. Tim just sent an email to Apple executives & staff.
I am looking forward to the amazing opportunity of serving as CEO of the most innovative company in the world. Joining Apple was the best decision I’ve ever made and it’s been the privilege of a lifetime to work for Apple and Steve for over 13 years. I share Steve’s optimism for Apple’s bright future.
Steve has been an incredible leader and mentor to me, as well as to the entire executive team and our amazing employees. We are really looking forward to Steve’s ongoing guidance and inspiration as our Chairman.
I want you to be confident that Apple is not going to change. I cherish and celebrate Apple’s unique principles and values. Steve built a company and culture that is unlike any other in the world and we are going to stay true to that-it is in our DNA. We are going to continue to make the best products in the world that delight our customers and make our employees incredibly proud of what they do.
I love Apple and I am looking forward to diving into my new role. All of the incredible support from the Board, the executive team and many of you has been inspiring. I am confident our best years lie ahead of us and that together we will continue to make Apple the magical place that it is.
(Courtesy of TUAW)
Personally, I’m glad to hear that Apple won’t be changing. I think Apple, as it stands, is a great company. They will continue to be innovative in the technological industry, continue surprising its customers and fans all over the world, and keep making awesome products with awesome customer support backing said products. It also helps that Apple employees not just know that they’re selling good products, but believe they are selling good products. Most Apple employees were very happy with the Steve Jobs era. iDownloadBlog recently posted an article saying that out of 1,000 employees, only 3 percent say that Steve Jobs could have done a better job. I can understand why! As a former Apple employee myself, I definitely saw Steve’s hand at work inside the retail store I was employed at. Even the employees down at the bottom of the totem pole felt apart of the Apple Culture.
I know many employees and Apple fans are sad that Steve is no longer CEO. I am saddened by the news as well, but I also know that Apple will continue to continue what they do best…make the most innovative products the world has ever seen. As steve said in his resignation letter, “I believe Apple’s brightest and most innovative days are ahead of it.” And I think he’s right. Since Steve is staying on the board, I know he’ll keep informed on the latest and greatest Apple gadgets. I’m sure we’ll continue to see Steve’s hand in all future products until he completely resigns from Apple.
Steve saved Apple back in 1997. Apple was on the brink of bankruptcy when Steve took over the dying business. But Steve surrounded himself with the brightest people in the tech industry and turned the company around to become the largest company in the world in terms of market capitalization. Not bad for a company that started in a garage in Silicon Valley in the 1970’s. I’m glad that Apple is doing well currently, but I do hope they continue to flourish and thrive as an industry. There’s a lot of talent at Apple and I know we’ll see good things from them in the future.
Steve showed the world that it doesn’t matter if your product sounds crazy and it won’t do well. If you believe in your product, it will succeed. He taught people that the American dream is very real. He and his friend, Steve Wozniak, showed us that you can make a strong company out of very little. And, later on, you can turn the same company over from bankruptcy to profitable.
Thank you Steve for all that you’ve done with Apple. I’m honored I had the privilege to work for you in the past and I will continue to do business with you in the future. I hope your health improves so you can enjoy the rest of your life.
Here’s a link for Steve Jobs Biography, which will be available for order in November.
Here are some of Steve’s memorable moments on video:
Stanford Commencement Address:
Steve Introduces Original iPhone:
Steve Jobs introduces the Macintosh!