Breaking News: Steve Jobs resigns as CEO of Apple
Steve Jobs, founder of Apple, has stepped down from his position as CEO of Apple. Tim Cook will be the new CEO of Apple with immediate effect.
Jobs suffered from various illnesses which included getting a liver transplant and surgery to treat a rare form of pancreatic cancer.
The official press release praises the work of Steve Jobs and describes his future with Apple: "Steve has made countless contributions to Apple's success, and he has attracted and inspired Apple's immensely creative employees and world class executive team. In his new role as Chairman of the Board, Steve will continue to serve Apple with his unique insights, creativity and inspiration."
The press release also included a significant amount of recognition for Tim Cook, the new CEO of Apple, and ensured that he was the right man for the job: "The Board has complete confidence that Tim is the right person to be our next CEO, Tim's 13 years of service to Apple have been marked by outstanding performance, and he has demonstrated remarkable talent and sound judgment in everything he does."
In Jobs' resignation letter, he personally recommended and insisted that Tom Cook is the person who should replace him. In January, when Steve Jobs announced that he was taking an indefinite medical leave from Apple (his third in recent years), Tim Cook was handed over day-to-day responsibilities and acted as CEO.
In a separate message to Apple's board members and the Apple community, Jobs said that "Apple's brightest and most innovative days are ahead of it," and that he looks forward to contributing as Apple's chairman of the board, director, and Apple employee providing the board allow it.
Apple has already confirmed that Steve Jobs will stay on as chairman.
A final message from Jobs on his time at Apple: "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."
What are your thoughts on the future of Apple?