Steve Jobs Resigns as Apple CEO, COO Tim Cook Replaces Jobs

steve jobs apple ceoSteve Jobs, the reigning CEO of Apple who had been into the job for 14 years, finally announces the retirement as the CEO, through a formal letter sent to the Apple Board today. Here is the letter written by Jobs –

Letter from 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.


He himself advised the board to appoint Tim Cook as the new CEO, who can manage the stuff from here on, when Apple is about to launch a few gadgets in the next couple of months, following the trend of their every year developer conferences.

You would be missed, Steve. The stage would never see anyone else as strong and bold as you on the stage, in every keynote of Apple. You were the best, and an inspiration.

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