Steve Jobs, the co-founder and CEO of tech giant Apple Inc., announced Wednesday that he is resigning immediately after years of health problems. The letter of Steve Jobs:
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 has made countless contributions to Apple’s success however I do not believe that Apple will go downhill from now onwards. Sooner or later we all lnew it had to happen. As he mentioned in his letter he is only resigning from CEO and is going to take a more inactive role, I am sure that as long as there is life in Steve Jobs he will contribute in any way he can towards Apple.
Who is the successor of Steve Jobs? It cannot be anyone else apart from Tim Cook. “The Board has complete confidence that Tim is the right person to be our next CEO,” Mr. Levinson said. “Tim’s 13 years of service to Apple have been marked by outstanding performance, and he has demonstrated remarkable talent and sound judgment in everything he does.”
“This definitely marks the end of an era,” said Michael Gartengerg, an analyst for Gartner, but he added that “there’s much more to Apple than Steve Jobs.”