Steve Jobs Resigns as Apple's CEO: Apple's Future Bright or Apple, Goodnight?
Spike
2011/08/25 15:48:46
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Steve Jobs' position as CEO of Apple has been up in the air for years due to his frequent long-term visits to the hospital to battle the effects of pancreatic cancer.
The inevitable has finally arrived.
Late on Wednesday the tech guru announced his immediate resignation, and his letter of resignation was quickly made available for his adoring fans.
You can read the whole thing here, but it's pretty straightforward. He knew the day would come, it's been a great ride, thank you, thank you, goodbye. (Something like that.)
So what lies in store for Apple now that Jobs will no longer be spearheading the operation?
Apple Insider reports that a "long-term strategy" has already been well-established, and Tim Cook, who will be succeeding Jobs, has served as the company's CEO three times, for months at a time, while Jobs was in the hospital.
Cook was originally hired as Senior Vice President for Worldwide Operations, but was promoted to chief operating officer in 2007.
Though many expect the transition to go smoothly, Apple stocks plummeted 7 percent as soon as the announcement was made. But Jobs will still be on the board, so it's not like he'll have his eyes completely off the game.
Check back on Friday for the results of this question and a few others in our new Web series with Spike.com. And while you're at it, watch last week's Poll Position episode -- powered by SodaHead!
The inevitable has finally arrived.
Late on Wednesday the tech guru announced his immediate resignation, and his letter of resignation was quickly made available for his adoring fans.
You can read the whole thing here, but it's pretty straightforward. He knew the day would come, it's been a great ride, thank you, thank you, goodbye. (Something like that.)
So what lies in store for Apple now that Jobs will no longer be spearheading the operation?
Apple Insider reports that a "long-term strategy" has already been well-established, and Tim Cook, who will be succeeding Jobs, has served as the company's CEO three times, for months at a time, while Jobs was in the hospital.
Cook was originally hired as Senior Vice President for Worldwide Operations, but was promoted to chief operating officer in 2007.
Though many expect the transition to go smoothly, Apple stocks plummeted 7 percent as soon as the announcement was made. But Jobs will still be on the board, so it's not like he'll have his eyes completely off the game.
Check back on Friday for the results of this question and a few others in our new Web series with Spike.com. And while you're at it, watch last week's Poll Position episode -- powered by SodaHead!
Top Opinion
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giggity giggity 2011/08/25 21:58:01
never got an iphone or ipad, because I love android .
Jobs has created an empire, and a good one at that. granted it was in a 'hipster' phase because of their marketing to college students.. but that's just good marketing. get them hooked on a mac, and they will probably buy again in the future.
Losing an asset like Jobs is certainly a blow to any company, but Apple's empire is strong enough to withstand the loss. The fact that it took this long for him to resign is a testament to his character. I would have spent the last few years enjoying my family, friends and wealth.
I'm glad Jobs has stepped down, I wish he would just go away all together and let someone else run the company.
Newton II
Pip Pin II
Microsoft is laughing uncontrollably
If Apple continues to build quality products like they do now, they don't have a worry in the world with Mr. Jobs being out of the picture.
And, hopefully, they'll go bankrupt!
Because Apple makes pointless, not so user friendly products that are easily surpassed by HP, Samsung, LG, HTC and Dell.
Plus, Apple has the most money in America right now. That's not good.