Steve Jobs Resigns as Apple CEO

PRESS RELEASE: Letter from Steve Jobs

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."

Apple has just announced that Tim Cook has taken over as CEO.

Tim Cook was Apple's COO and he has been the acting CEO when Steve Jobs was on medical leaves.

End of an era... Time to sell our AAPL.

I hope his health improves.

Just heard. Suspect he bought himself some more time with the amazing health things he / his doctors did but is just now too ill. MInd you if this is a recent photo he looks quite well. Let's hope he's OK but prognosis for pancreatic cancer usually very grim. 

Just read the Wikipedia page on him. Apparently his version of pancreatic cancer is a far less aggressive type known as islet cell neuroendocrine tumor. Let's hope! 

@Geek. What do you know of Mr. Tim Cook?

He used to work for IBM for 12 years.

Then worked for Compaq for 6 months before being hired by Steve Jobs in 1998.

http://en.wikipedia.org/wiki/Tim_Cook 

Ahh thanks very much Geek.

Always informative following The Geek

Sad news... He definitely changed the World! Will always remember his 2005 Stanford Commencement Address:

Great video! And this one too with probably one of the best TV ads:
 

What a visionary. Watched / listened to both his Stamford speech and his talk to Apple employees. You have to LOVE what you do.

Very pwerful too talking about death.

Meant to write 'pOwerful'!