Steve Jobs has resigned his position as the Apple CEO with immediate affect leaving Tim Cook to take over his CEO duties.
The 56 year old Steve Jobs has been suffering serious health problems over the past year and has been on medical leave since January.
We have seen Steve Jobs return to the spotlight occasionally to help launch new Apple products and make company announcements.
Tim Cook will now officially take over the reigns at Apple just as the latest iphone 5 news suggests it is on it’s way soon. Although in practice this has been the case for some time as Steve Jobs has been away for health reasons. What those health problems are have, understandably, been kept private by his family and Apple themselves.
In a letter to the Apple board, and the world at large, Steve Jobs writes that he no longer feels that he can carry out his duties as Apple CEO in the way he would like. He is therefore handing in his resignation.
You can read Steve Jobs letter below.
To the Apple Board of Directors and the Apple Community:
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.
It is hoped that Steve Jobs will take on an advisory role in the company but Apple shares still dived on the surprise, although not unexpected, announcement.
Such is the force of Steve Jobs that shares in other competing mobile companies rose higher on the news.
Steve Jobs & Apple’s Achievements (Post 1997)
It is not surprising when you consider how much of an influence Steve Jobs has been, not only on the Apple company, but on the technology and music industries themselves.
In recent years it has been the Steve Jobs vision that has guided Apple, and where Apple has led everyone else has had to follow.
When computers were just bland grey boxes, Jobs redefined what they looked like with the launch of the colorful, all-in-one iMac.
Steve Jobs then redefined the portable music world with the iPod. There were certainly other MP3 players before hand, but none that looked this… well… sexy. It has challenged the Sony Walkman as the most influential music device in history.
iTunes then redefined a whole music industry, offering legal, downloadable tracks made up of just computer bits and bytes. It’s now the largest music retailer in the world.
Not satisfied with shaking up the music industry, the cosy world of the mobile phone manufacturers was about to get a wake up call.
The launch of the iPhone instantly changed what a mobile phone could be and do. Not to mention being incredibly desirable, merely as an object of design.
The app store created a whole new industry that other companies have struggled to match. It is not just Apple that have made a large fortune from that particular idea. Successful app makers are now worth $100′s millions in their own right.
Steve Jobs was not finished yet though. Other people had tried and given up making tablet computers. No one had been able to make it work.
Steve Jobs and Apple have never been just another manufacturer though. The launch of the iPad created another new industry virtually overnight. Tablet computing was back in a big way.
Steve Jobs and Apple
Steve Jobs co-founded the Apple company in the 1970′s with Steve Wozniak and it became one of the most successful technology companies of the fledgling computer industry in the 1980′s.
After leaving Apple in 1985, Steve Jobs returned to a company on it’s last legs in 1997 (after starting that little animation company called Pixar by the way!) and turned it into arguably, the biggest brand in the world today.
Many people are saying that Apple will be the first $trillion company ($1,000,000,000,000). Without Steve Jobs they may not now be so certain but still, who would bet against it ?
Photo: Apple Inc.