Steve Jobs Resigns As Apple CEO

One of those stories that sums itself up quite nicely in the subject line. A number of sources are reporting the same story this morning — that Steve Jobs has stepped down as Apple CEO. His resignation letter and the board's statement on it is after the jump.

Letter from Steve Jobs

CUPERTINO, Calif.–(BUSINESS WIRE)–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

MacRumors also reports on the official response from the Apple board. Art Levinson issued this statement on behalf of the board:

Steve's extraordinary vision and leadership saved Apple and guided it to its position as the world's most innovative and valuable technology company. Steve has made countless contributions to Apple's success, and he has attracted and inspired Apple's immensely creative employees and world class executive team. In his new role as Chairman of the Board, Steve will continue to serve Apple with his unique insights, creativity and inspiration.

Regarding Tim Cook's appointment as CEO, Levinson wrote:

The Board has complete confidence that Tim is the right person to be our next CEO. 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.

Update: Apple's official statement here.


Comments

    Seriously guys, no pun about him being steve no jobs? Shame.

      I'm glad that the Lifehacker writers have more taste than to make fun of a man who resigned because he's dying.

      :o
      That's actually the first time I heard of such pun?

    I think this is sad not for recent Apple products but for all the fun Apple provided us geeks back in the early eighties with the Apple II etc. They were really inspiring times.

    Apple has lost a lot of its fun and is now a boring big corporate determined to squeeze the last dollar out of non-geek noobs.

    For me Apple died 20 years ago.

    Apple have recently copied others then claimed they invented the product, and sued all competitors. Will Apple keep this disgraceful policy or will they change and act like moral company?

      Give it a rest will you. They'll be just as moral, no more no less, as all the other mega companies such as Google and Microsoft, etc...

    Jeez - he doesn't look well at all...

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