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The buzz about Steve Jobs resigning

Category: Internet, Release Date: 24-Aug-2011

There is news that makes history and without a doubt this is one of them: Steve Jobs resigns as CEO of Apple.

Tim Cook, Apple’s chief operating officer, has been named the new CEO, Apple’s board of directors announced on Thursday. Jobs has been appointed chairman of the board.

The web is full of headlines on this story and we are providing them here in one shot compiling the most recent headlines and paragraphs from some of the most popular online sources. This is what the buzz is about Steve jobs and his immediate good bye.At the end of the post you can also read the letter Steve Jobs wrote for his company.

The New York Times

Jobs Steps Down From Chief Executive Post at Apple
Apple said on Wednesday that Steven P. Jobs, its co-founder and leading product visionary, would step down from the chief executive role. Tim Cook, the chief operating officer, will take over the position.

In a letter sent to Apple’s board of directors and “the Apple community,” Mr. Jobs said he would like to remain as chairman of the board.

Washingtonpost.com

Apple's Jobs Resigns as CEO, Cook Appointed Successor
Steve Jobs, the mind behind the iPhone, iPad and other devices that turned Apple Inc. into one of the world's most powerful companies, resigned as the company's CEO Wednesday, saying he can no longer handle the job. (Aug. 24) (The Associated Press)

USA Today

Jobs battles with rare pancreatic cancer, privacy
Jobs, 56, who resigned today as Apple CEO, in January took his third medical leave since being diagnosed with a neuroendocrine tumor. He has undergone a variety of treatments since 2003, including a liver transplant in 2009.

Techcrunch.com

Steve Jobs: The End Of An Era
He’s a buddhist with a temper. He cuts down rivals and builds up a team of 4,000 dedicated to his singular vision. He’s ousted, builds another company or two, and comes back. He’s kind of a hippie, enjoying Bob Dylan and the Beatles. He loves music.

He’s leaving, now, the victim of something gnawing at his health like sea spray whittles a wooden pier.
Where does that leave Apple? And where does that leave us?

Wired Magazine

Steve Jobs Resigns as CEO of Apple
Steve Jobs, mastermind behind Apple, has resigned as CEO of the company effective immediately.
Tim Cook, Apple’s chief operating officer, has been named the new CEO, Apple’s board of directors announced on Thursday. Jobs has been appointed chairman of the board.

“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,” in a letter Jobs wrote to Apple employees on Thursday. “Unfortunately, that day has come.”

“Steve’s extraordinary vision and leadership saved Apple and guided it to its position as the world’s most innovative and valuable technology company,” said Art Levinson, Chairman of Genentech, on behalf of Apple’s Board, in a press release. “In his new role as Chairman of the Board, Steve will continue to serve Apple with his unique insights, creativity and inspiration.”
Cook first took over earlier this year when Jobs went on leave due to health complications. It was his third medical leave in seven years.

International Business Time

Steve Jobs Resigns: 5 Reasons Jobs Became One of the World's Greatest CEOs

The news that Steve Jobs resigns as Apple's CEO may be a surprise in timing, but everybody knew this was coming sooner rather than later. Jobs has been battling pancreatic cancer for years, and had a liver transplant two years ago, after all.

Speculation has focused in recent months on when Jobs might retire, and now we know: Jobs is turning over Apple's leadership responsibilities to Tim Cook, who has filled in twice during medical leaves of absence taken by Jobs.

Reuters

Steve Jobs resigns from Apple, Cook becomes CEO
Silicon Valley legend Steve Jobs relinquished the reins at Apple Inc to right-hand man Tim Cook on Wednesday, after 14 years in command at a company he brought back from the brink and turned into the world's largest technology corporation.

Jobs, who fought and survived a rare form of pancreatic cancer and revolutionized the technology arena with the iPhone in 2007, is deemed the heart and soul of a company that started in a garage and is today neck-and-neck with Exxon Mobil in the race to become the largest U.S. corporation.

Engadget.com

Steve Jobs resigns as CEO of Apple
A major development out of Cupertino: Apple CEO Steve Jobs has stepped down, the board naming Tim Cook as his replacement. The company said "Steve's extraordinary vision and leadership saved Apple and guided it to its position as the world's most innovative and valuable technology company."

Apple – Steve Jobs 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.

Steve




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