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Latest News  Posted Mon 29th Aug 2011 11:07pm by Ming Fung 
Jobs steps down but Apple will not change Steve Jobs resigning from his role as CEO of Apple is news that was expected given his health: however Jobs will remain chairman of the board, a director and an Apple employee.
Steve Jobs letter to the Apple board read as follows
"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."
Jobs is seen by many as key to the turnaround of Apples fortunes. On his return to the company he co-founded, Apple produced great products and services such as iPod, iPhone, iPad, Mac’s and of course iTunes. Clearly Jobs stepping down as CEO has caused ripples in the Financial Markets. Apple shares dropped %3 last Thursday, wiping billions off the company’s value.
It’s not all doom and gloom for Apple, incoming CEO Tim Cook (former COO) has stepped in for Jobs before and Jobs himself recommends Cook for the job. Tim Cook went on to re-assure Apple employees via email, praising Jobs and giving a message on the future of the company. See the extract from arstechnica.com.
Team:
I am looking forward to the amazing opportunity of serving as CEO of the most innovative company in the world. Joining Apple was the best decision I've ever made and it's been the privilege of a lifetime to work for Apple and Steve for over 13 years. I share Steve's optimism for Apple's bright future.
Steve has been an incredible leader and mentor to me, as well as to the entire executive team and our amazing employees. We are really looking forward to Steve's ongoing guidance and inspiration as our Chairman.
I want you to be confident that Apple is not going to change. I cherish and celebrate Apple's unique principles and values. Steve built a company and culture that is unlike any other in the world and we are going to stay true to that—it is in our DNA. We are going to continue to make the best products in the world that delight our customers and make our employees incredibly proud of what they do.
I love Apple and I am looking forward to diving into my new role. All of the incredible support from the Board, the executive team and many of you has been inspiring. I am confident our best years lie ahead of us and that together we will continue to make Apple the magical place that it is.
Tim
Do you see Apples fortunes changing now that Jobs has stepped down?
Steve Jobs resigns as Apple CEO (MCVUK)
Apple Stock drops Steve Jobs resigns (Guardian.co.uk)
Tim Cook e-mails Apple employees: "Apple is not going to change" (arstechnica.com)
Many people aspire to be like Jobs. One way to start advancing skills is by learning about technology courses via online colleges.
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30/08/2011 1:46am
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