Steve Jobs resigns as Apple CEO

Bundy · Aug 24, 2011

STEVE Jobs, who has been battling illness, resigned today as the chief executive of Apple, the consumer technology giant.

In a letter the board, shareholders and Apple users, Mr Jobs said: "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."

SOURCE : The Australian

qubit · Aug 24, 2011

Wow, but not unexpected. Likely his cancer is back. I was hardly a fan of his, but this is very sad and the end of an era.

FordGT90Concept · Aug 24, 2011

Apple shares are going to dive tomorrow.

happita · Aug 25, 2011

Unless he has to undergo serious radiation/chemo therapy, I'm pretty sure he will still have an influence on Apple's decisions even when someone else is appointed CEO.

CDdude55 · Aug 25, 2011

Just heard about this. Kind of surprised but at the same time it sort of makes sense.

A 56 year old dude with a cancerous tumor can only run a company for so long.

blu3flannel · Aug 25, 2011

It was inevitable. Hopefully Tim Cook will take the company in a more agreeable direction.

DannibusX · Aug 25, 2011

That sucks. Steve Jobs turned Apple completely around. I hope he's not terminally sick.

Easy Rhino · Aug 25, 2011

“When you’re young, you look at television and think, There’s a conspiracy. The networks have conspired to dumb us down. But when you get a little older, you realize that’s not true. The networks are in business to give people exactly what they want. That’s a far more depressing thought. Conspiracy is optimistic! You can shoot the bastards! We can have a revolution! But the networks are really in business to give people what they want. It’s the truth.” [Wired, February 1996] - Steve Jobs

KainXS · Aug 25, 2011

wow, he was the brains behind apple, don't know what will happen now,

qubit · Aug 25, 2011

I think he's terminally ill. It was obvious by his gaunt look when he took time out for a second time a few months ago. I've had a great work colleague die of pancreatic cancer three years ago and it was awful to watch him die. I really don't wish this on anyone. :shadedshu

I'm wondering if Apple will now turn from this horrible control-freaky company I despise and boycott, to a more normal company that doesn't try to unreasonably restrict what you can do with its products?

Bundy · Aug 25, 2011

qubit said:
I'm wondering if Apple will now turn from this horrible control-freaky company I despise and boycott, to a more normal company that doesn't try to unreasonably restrict what you can do with its products?

I think this attribute has been the key to their success. You can't sell technology to the masses unless you are absolutely sure it will work for them. Restricting flexibility is a necessary aspect of this IMO. I certainly don't like it, but I don't buy their products, my less tech savvy friends do though.

trickson · Aug 25, 2011

I never did like apple . Though Apple has many nifty things out on the market I would hardly call them ALL inventions by Steve Jobs . Many people have done great things at Apple but only one gets the credit seems a bit arrogant to me .

qubit · Aug 25, 2011

Bundy said:
I think this attribute has been the key to their success. You can't sell technology to the masses unless you are absolutely sure it will work for them. Restricting flexibility is a necessary aspect of this IMO. I certainly don't like it, but I don't buy their products, my less tech savvy friends do though.

Making sure it works is only one small part of it. It's mainly about locking you in with various forms of hardware and software DRM. iPods and iTunes are a classic example of vendor lock-in by Apple - and yes, I know other companies aren't exactly saints when it comes to this, but Apple really go all out. For example, why the fuck can't you change the battery in their laptops and phones? There's no good technical reason for it. No, it's purely to screw over the customer. Bastards. :nutkick:

trickson said:
I never did like apple . Though Apple has many nifty things out on the market I would hardly call them ALL inventions by Steve Jobs . Many people have done great things at Apple but only one gets the credit seems a bit arrogant to me .

You're right about the top nob always taking the credit for achievements by anonymous employees. Another practice I despise and one Apple certainly isn't alone in, as this practice is abused everywhere. :shadedshu

trickson · Aug 25, 2011

qubit said:
You're right about the top nob always taking the credit for achievements by anonymous employees. Another practice I despise and one Apple certainly isn't alone in, as this practice is abused everywhere.

I think the worst thing about it is the media . The media seems to make it look like with out Steve Jobs the Apple era is over that NOTHING new will ever come out again and big new inventions are over . As if this ONE person was the ONLY one to come up with the Ipod , Ipad and all the other things Apple has out . it sickens me and is one reason I do not by Apple products at all !

MilkyWay · Aug 25, 2011

Not a Steve Jobs fan more ambiguous but yeah he did innovate in the early 80s and revived apple more recently, i don't care that he resigned really as apple will continue.

Easy Rhino · Aug 25, 2011

Steve Jobs probably resigned after he read through the TPU forums and saw all the bad names that he was called.

qubit · Aug 25, 2011

Easy Rhino said:
Steve Jobs probably resigned after he read through the TPU forums and saw all the bad names that he was called.

Ok that was funny. :laugh:

qubit · Aug 25, 2011

Yup, shares have dropped already:

Apple's share price has dropped over 5 per cent in after hours trading, following the news that Steve Jobs has resigned as CEO.

The company released a statement announcing Jobs's resignation at about 3:30pm Pacific, after the markets had closed in New York, and as of 5pm Pacific, Apple's share price had fallen from 376.18 to 356.61, a drop of 5.20 per cent.

But will they recover without Jobs?

The Register

Bundy · Aug 25, 2011

qubit said:
Yup, shares have dropped already:

But will they recover without Jobs?

The Register

I don't have apple shares but I'd be selling right now, even if they are off 5%. Knowing the mood of the stock market, plus the consumer market, apple shares aren't the best bet right now I think.

Crap Daddy · Aug 25, 2011

Apple products will bear a sign that will say "Approved by Steve Jobs, wherever he is"

HossHuge · Aug 25, 2011

FordGT90Concept said:
Apple shares are going to dive tomorrow.

Along with Starbucks and every other place that people try to look cool with their Apple product.

Tatty_Two · Aug 25, 2011

There are now two threads on this subject, i am going to try some magic and merge this with the other one, I cannot merge the other one with this as I don't moderate that one (it's news).

Edit: cancel that, I cannot get it into news lol.... I need a zooper Mod.

Mussels · Aug 25, 2011

i'll try merging with the news one, if it goes wrong i blame tatty.

edit: nope i cant merge it either.

just use Linky and talk over there

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Steve Jobs resigns as Apple CEO

Bundy

qubit

Overclocked quantum bit

FordGT90Concept

"I go fast!1!11!1!"

happita

CDdude55

Crazy 4 TPU!!!

blu3flannel

DannibusX

Easy Rhino

Linux Advocate

KainXS

qubit

Overclocked quantum bit

Bundy

trickson

OH, I have such a headache

qubit

Overclocked quantum bit

trickson

OH, I have such a headache

MilkyWay

Easy Rhino

Linux Advocate

qubit

Overclocked quantum bit

qubit

Overclocked quantum bit

Bundy

Crap Daddy

HossHuge

Tatty_Two

Gone Fishing

Mussels

Freshwater Moderator

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