Steve Jobs resigns from Apple as CEO

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News this morning is Steve Jobs, the CEO of Apple.Inc has resigned giving the spot to Tim Cook. Steve Jobs will remain as chairman at Apple.

Steve Jobs has been on medical leave due to an undisclosed medical condition since January 17 2011.

Steve’s Letter

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.


About Steve Jobs

Steve Jobs is the CEO of Apple, which he co-founded in 1976. Apple is leading
the consumer technology world with its revolutionary iPhone and App Store, its
family of iPod media players and iTunes media store, and its Mac computers and
iLife and iWork application suites. Apple recently introduced the iPad, a
breakthrough Internet and digital media device, plus the iBookstore, alongside
iTunes and the App Store.

Steve also co-founded and was the CEO of Pixar Animation Studios, which
created some of the most successful and beloved animated films of all time
including Toy Story, A Bug’s Life, Monsters, Inc., Finding Nemo, The
Incredibles, Cars and Ratatouille. Pixar merged with The Walt Disney Company in
2006 and Steve now serves on Disney’s board of directors.

Steve grew up in the apricot orchards which later became known as
Silicon Valley, and still lives there with his family.

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