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Steve Jobs Resigns as Apple CEO (Official Letter)

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Re: Steve Jobs Resigns as Apple CEO (Official Letter)

#61
I certainly hope this doesn't mean Steve's health is declining, but rather that he and Apple feel the time is right to make a smooth transition towards assigning Tim Cook as the new CEO. It definitely feels like Steve is sincere in his belief that now is the right time for him to step down. I just hope he still has the capacity to creatively inspire Apple in his new role as Chairman as much as he always has.

Re: Steve Jobs Resigns as Apple CEO (Official Letter)

#63

Earlier quoted context omitted.

Let's not go crazy now. Silicon Valley is what it is because of all the people you haven't heard about, that were willing to try something crazy in order to do something great. And failed. And tried again anyway.

and most of them were inspired by Steve.

Well, the hip ones, at least.

Re: Steve Jobs Resigns as Apple CEO (Official Letter)

#65

Earlier quoted context omitted.

Interestingly, he still seems interested in serving on the board of directors. This would make me think he is just tired of being CEO and it this play doesn't have to do with his health.

No one really 'beats' pancreatic cancer. http://www.pancreatic.org/site/c.htJYJ8MPIwE/b.891917/k.5123...

He does not have pancreatic cancer, (if he had, it would have been too sad and he would not have seen iPad). It is some other neoplasia that happens in Pancreas.

Re: Steve Jobs Resigns as Apple CEO (Official Letter)

#66
post #15

Earlier quoted context omitted.

It appears that way. 5% drop already.

Then the dumb asses are going to lose their shorts. (And really, I wrote that with no pun intended, I swear).

Doubtful theyd loose much money shortly APPL

Typically you use a straddle so you only loose the put/call premiums if the price doesnt move very much.

If the price moves, up or down, past the strikes run theyd make money.

But a smart shorters downside is determined The moment they enter into a trade.

Re: Steve Jobs Resigns as Apple CEO (Official Letter)

#68
post #5

"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." This makes it sound like it does have to do with his health unfortunately, and not that he just feels that it's the right time to do it. (like Bill Gates did with Microsoft) On another note, even though in reality it's not just for…

Another famous formal resignation letter that you wouldn't think actually had to be written: http://www.archives.gov/exhibits/american_originals/nixon.ht...

Re: Steve Jobs Resigns as Apple CEO (Official Letter)

#69

$76 billion dollars in the bank. If Apple had announced they were going to spend it all to make Steve well again, would would have protested? Somewhere in here is a lesson on the price of immortality.

No amount of riches would have saved the life of Prince Leopold, Duke of Albany. At the time we didn't have the medical technology to treat hemophilia. Likewise, if the technology existed to make Steve Jobs healthy, it would have been used by now.

$76 billion dollars can buy a lot of R&D time.
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