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
Thank you for creating the best computer company in the world. Thanks for all the great software and especially thanks for believing that an alternative to the giant might be the best answer. I am truly sorry to see you leave.
I hope I can spend my last days with the people I love and trust that you are doing the same. God bless you, you are in our prayers!
Phil B.
It was soon replaced with the even better “⌘Q”.
Let’s see who gets that one.
I had NO idea, but I wouldn't wish this on anyone. I do HOPE that he pull though this with his family by his side. Apple is in good hands with a excellent staff to back you up all the way. GOOD LUCK AND SAFE HEALTH
automatic +1
Google will gain more from this than anyone. Google has serious "youth juice". I wish I could work for those #%$@! ;o)