Apple CEO Steve Jobs resigns and Tim Cook to take over

[netrashetty]

Apple CEO Steve Jobs resigns his resignation letter says it all wished he would have continued this would be a hard moment for everyone no doubt !

check this :


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.

 

[Shrusti]

His decision would surely have deep impact lets take a look at some of the foll points

Jobs made his last public appearance in June when he unveiled iCloud, a free wireless storage and syncing service, at Apple's annual Worldwide Developers Conference.

Apple's fans flocked to Twitter and other social-media sites to mark and mourn the CEO torch-passing

When trading resumed, shares dropped 5%.

Jobs led a Phoenix-like resurrection that transformed Apple from a bumbling also-ran to the second-largest company in the world by market value

 

[sunandaC]

The Leader since years with such great achievements resigning seems to be a sad moment not only for the Apple employees but everyone on this globe who is or was a big fan of Steve Jobs.

No wonder he is gonna be be honored with the title of "Lifetime Achievement in Technology" in the Vision Awards at Beverly Hilton on 23rd of this month. This will be the 40th anniversary of this awards ceremony.

However, this is definitely not the first title or award that Steve has taken away. Last year in November, he was also given the "CEO of the Decade" title, and was named as the “World’s Most Valuable CEO” by Barron’s. And yet again, earlier this year in March 2010, he managed to make space for his name in the annual list of the best CEOs in the world by Barron’s.

 

[netrashetty]

very true shrusti apple employees would surely miss such vibrant and legendary leader and his leadership the ones who have experienced are blessed

 

[sunandaC]

Steven Paul Jobs was born in California on February 24, 1955. His parents, unmarried and unable to care for a baby, put him up for adoption.

He was adopted by Paul and Clara Jobs, who raised him in a northern California community surrounded by apricot orchards and farm country—a community that has since become the center of technological innovation known as Silicon Valley.

When Jobs was in the seventh grade, he encountered troubles at school, the victim of bullies. He refused to return to that school, and his parents decided to move to Los Altos.

Jobs attended Homestead High School in Cupertino, California, where he had a reputation as a loner and developed a keen interest in technology.

During a school field trip to the plant of the Hewlett-Packard computer company in nearby Palo Alto, the concept of a desktop computer attracted Jobs's notice. Later, in pursuit of computer parts for a school project, Jobs went straight to the source, contacting William Hewlett, cofounder of Hewlett-Packard. Jobs got more than just the needed parts; he was also offered a summer job at the company.

During his internship at Hewlett-Packard, Jobs met Steve Wozniak (1950–), an electronics whiz who had attended Homestead High School a few years prior.

Jobs, excited by the prospect of building and selling reasonably priced personal computers, teamed up with Wozniak. While Jobs had a decent grasp on the technology, it was Wozniak who brought the brilliant engineering skills to the partnership. Jobs, on the other hand, was the entrepreneur, the person who understood what they would need to get their business off the ground, how the products would be used, and how to market the products to the public. Jobs and Wozniak formed a company, which Jobs named (he told Jay Cocks of Time: "One day I just told everyone that unless they came up with a better name by 5 P.M. , we would go with Apple"), and they released their first product, the Apple I, for the price of $666.





check out his biography here