A shockwave of disbelief rippled across the globe with Steve Jobs resigning from his post as CEO of Apple. Incredulous fans tweeted frantically while news headlines were flooded with the news. Jobs has named Apple chief operating officer Tim Cook as the new CEO.
“I have always said if there ever came a day when I could no longer meet my duties and expectations as Apple’s C.E.O., I would be the first to let you know… Unfortunately, that day has come,” Jobs wrote. Following his announcement, Apple stock fell 5.4% in after-hours trading and left people wondering doubting the fate of the computer giant company.
At age 30 he was asked to leave Apple, but at 56 he resigned on his own terms! He will continue as Chairman of the Board, but a visionary like Steve Jobs can never be replaced in the role of CEO. He redefined Apple’s success with ever-new creations, each one better than the last. His aura always emanated dynamism and he would hold audiences spellbound with his ideas and creativity on stage and off it!
According to Walt Mossberg at AllThingsD, “Jobs, while seriously ill, is very much alive. Extremely well-informed sources at Apple say he intends to remain involved in developing major future products and strategy and intends to be an active chairman of the board, even while new CEO Tim Cook runs the company day to day.”
While critics predict a difficult journey ahead for Apple, this by no means is its end. Jobs has certainly given the company its strong foundations with sensational products like the iMac, iPod, iPhone and iPad and Cooks certainly has his work cut out for him, but Apple will hold its own in the end.