Steve Jobs Resigns as CEO of Apple

Steve Jobs Resigns and Tim Cook to take over as Apple CEO. Developing story via WSJ.

“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,” Mr. Jobs said in his resignation letter. “Unfortunately, that day has come.”

Rest of the Apple press release below the break. 

PRESS RELEASE: Letter from Steve Jobs

August 24, 2011–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.

J. Ron Clendenin
 

Been an iPad user from day one of its release. Apple has been innovative from the beginning and now the rest of the world is getting on board. It's great to be able to spread the word about one of their mobile devices.

BS24dz

Sad day! We’ll miss you Mr. Jobs!

Anonymous

We knew this would come. We tried to avoid thinking about it and now it’s here. Steve Jobs will be missed and I wish him better health.

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