While the tech world is still reeling from Steve Jobs’ resignation from Apple, it’s not as bad as it may seem. The face of Apple will remain with the company, and be the chairman of the board. Jobs’ feels that he can no longer meet the duties needed for the position, so he’s passing the torch.
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
–Sent from my iPad 3
Ok, maybe that last part isn’t true, but you gotta respect the guy for knowing when his time has passed.
It will be interesting to see how Apple’s stock reacts to this news tomorrow, as it’s historically responded in negative ways when it came to Job’s health leaves. Luckily, the new CEO, Tim Cook, is no stranger, which should make for a smoother transition. Even though there will never be another Steve Jobs (I mean, who else can wear a turtleneck and look that smug), Cook should do Apple right.
[Via: WSJ]