Steve Jobs Resigns as Apple CEO (Official Letter)

"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 the Board but, as put in the letter, for "the Apple community", it feels odd to imagine that he would need to write a formal letter of resignation.

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

#6

Post by click170 » Wed, Aug 24, 2011, 10:53 PM UTC

I'll be interested to see if 10 years from now Apple has stayed true in hardware quality or if they sink to EMachines-like quality levels.

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

#7

Post by wmf » Wed, Aug 24, 2011, 10:56 PM UTC

click170 wrote: post #6

I'll be interested to see if 10 years from now Apple has stayed true in hardware quality or if they sink to EMachines-like quality levels.

Why would they do that? I doubt Jobs is the only person who understands why Apple has been successful.

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

#8

Post by Timothee » Wed, Aug 24, 2011, 10:57 PM UTC

click170 wrote: post #6

I'll be interested to see if 10 years from now Apple has stayed true in hardware quality or if they sink to EMachines-like quality levels.

It's true that the first time Steve Jobs left Apple, it didn't take long for things to go badly for the company, but I feel that this time around (that is, since 1997 when he came back as CEO), Steve Jobs surrounded himself with a great team, making sure that this wouldn't happen again. The fact that Tim Cook is taking over is a good example of that: someone from inside Apple who has been around and key to Apple's success for many years.

I'm sure that all the people at the top are very conscious of his legacy and would most likely often think "what would Steve do?".

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

#9

Post by dmerfield » Wed, Aug 24, 2011, 11:01 PM UTC

Here’s to the crazy ones, the misfits, the rebels, the troublemakers, the round pegs in square holes. The ones who see things differently.

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

#10

Post by bond » Wed, Aug 24, 2011, 11:02 PM UTC

mtgentry wrote: post #4

Fuck all those WSJ assholes with their "SELL SELL SELL" comments.

Are they shorting AAPL?