Steve Jobs Steps Down As CEO Of Apple

105189853 Steve Jobs Steps Down As CEO Of Apple

Apple CEO Steve Jobs announces the release of a new Apple TV in San Francisco, California on Wednesday, September 1, 2010. (credit: Ryan Anson/AFP/Getty Images)

SAN FRANCISCO (AP) – Steve Jobs, the mind behind the iPhone, iPad and other devices that turned Apple Inc. into one of the world’s most powerful companies, resigned as the company’s CEO Wednesday, saying he can no longer handle the job.

The move appears to be the result of an unspecified medical condition for which he took an indefinite leave from his post in January. Apple’s chief operating officer, Tim Cook, has been named CEO.

In a letter addressed to Apple’s board and the “Apple community,” Jobs said he “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.”

Apple said Jobs was elected board chairman and Cook is becoming a member of its board.

The company said Jobs gave the board his resignation Wednesday and suggested Cook be named the company’s new leader.

The January leave was Jobs’ third medical leave over several years. He had previously survived pancreatic cancer and received a liver transplant.

MORE: CNet coverage of Jobs’ announcement

(Copyright 2011 by The Associated Press.  All Rights Reserved.)


One Comment

  1. C Bauer says:

    Good thing the iPhone and other technology is developed for 7 years forward (they already have the iPhone8 ready to be released years from now), according to the contingency plan they established years ago. Now, should I dump the stock or not?

    1. Crisis says:

      I JUst Wanted To Let Steve Jobs Know & Beware Of This Cause I Was One Of The Elected One To Recieve An Apple invited you to get a free product! Claim my iPod Giveaway& I Never Recieved One Cause I Thought It Was Prank On One Because Of How His Name Was Spelled As You Can See
      Stevey Jobs and 18 others.
      April 11
      Stevey Jobs
      Apple invited you to get a free product! And Here His Name Again As Spelled

      Stevey Jobss and 18 others.
      April 11
      Stevey Jobss
      You were elected for a free Apple product
      And I Responed Back On
      April 12
      Anna Zarate
      Ok where do I go toget the Free Product Stevey Jobs Need An Address & Your Fully Name I Need Proof Sir!!So I can’t Claim my iPod Giveaway So He Steve Jobs Never Responed To Me On FaceBook I Still HAve His Name & Message So Now I Want To Know Will You Still Give Me My Claim Because I Never Got An Address From You On Where To Pick Up The Claim I Felt So Discrimnated On How One Could Pick Your Name And Tell One What They were elected for a free Apple product And Never Knew Where To Pick It Up! I Feel He Should Give Me An iPhone8, iPad and other devices!! I’ Say I Feel He Own It To Me After All He Could Had Given A Specific Address Or Something Or He Can Go Back On Face Book And Check Out What He Posted.

      1. OK... says:

        …and the Crackpot Rant Of The Day goes to (drum roll)… CRISIS!!!

  2. NiteNurse says:

    Jobs well done Steve! You made America proud by making quality American products that even China is envious of.

    1. DDT says:

      That’s sarcasm, right?

      1. NiteNurse says:

        The Jobs part is a play on words but not the part of giving Americans jobs. Although come to think about it some of their parts they use in their products may come from other countries.

  3. Land says:

    “iQuit” is a stupid and inappropriate headline. This dude is a legend, and he’s dying.

    NPR you’re not, CBS.

    1. C Bauer says:

      Amen. He spearheaded Apple to become the highest-valued company in the US recently. He’s an innovator and a genius. He’s not quitting anything. He has to leave. Remember though, you are addressing quasi-educated “journalists”, so don’t expect much. They enjoy their cute headlines and vapid writing “skills” over real journalism (which became extinct in the 60’s before I was even born).

Comments are closed.

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