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Steve Jobs resigns from Apple

Steve Jobs resigns from Apple

Steve Jobs, who has been on medical leave since January, has resigned from Apple.

Apple co-founder Steve Jobs has resigned as Chief Executive of Apple. The company has revealed that current Chief Operating Officer Tim Cook will replace Jobs.

Jobs had been on medical leave since January 17, 2011, as the result of an undiagnosed condition rumoured to be linked to a previous battle with pancreatic cancer, for which he had previously undergone a liver transplant.

Steve Jobs will take the position of Chairman of Apple following his resignation as Chief Executive.

'I have always said if there ever came a day when I could no longer meet my duties and expectations as Apple's chief executive, I would be the first to let you know,' wrote Jobs in a short open letter to Apple's board.

'Unfortunately, that day has come. I hereby resign as chief executive of Apple...I look forward to watching and contributing to its success in a new role.'

The reaction to Jobs' resignation has been met with mixed reactions. While market analysts have described the move as 'unexpected', with BGC Financial's Colin Gillis telling the BBC that 'Tim Cook has been de facto chief executive for some time and the company has been hugely successful', the reaction elsewhere has been more panicked.

Jobs' resignation has erased as much as $52 billion from the company on Standard & Poor's futures trading, according to Bloomberg.

Let us know your thoughts in the forums.

50 Comments

Discuss in the forums Reply
Picarro 25th August 2011, 10:09 Quote
The day he dies all Apple tech will stop working.


I am looking forward to it. (The second part of the sentence, not the first, mind you!)
mjm25 25th August 2011, 10:15 Quote
^tad harsh if taken one way and not the other.
Picarro 25th August 2011, 10:17 Quote
Quote:
Originally Posted by mjm25
^tad harsh if taken one way and not the other.

Realised it. Edited accordingly.
Canon 25th August 2011, 10:24 Quote
So has he really just resigned from his position at Apple, or Apple? Sounds to me like he's found a clever young up start that he deems worthy of the image to take all the flak at the head for the lowest amount and allow Jobs to continue his work
mi1ez 25th August 2011, 10:25 Quote
why does this come under gaming?

I can't understand the melodrama surrounding this. Any other CEO resigns it's barely news. Someone tell the shareholders and fanboys the company doesn't revolve around one man!
wuyanxu 25th August 2011, 10:36 Quote
We'll only see effect of this in a few years time. But I think this signals downfall of apple. Apple is nothing without Jobs.
rollo 25th August 2011, 10:37 Quote
hasnt tim cook been chief ex since like last year when jobs took ill to begin with
hexx 25th August 2011, 10:39 Quote
Quote:
Originally Posted by mi1ez
why does this come under gaming?

I can't understand the melodrama surrounding this. Any other CEO resigns it's barely news. Someone tell the shareholders and fanboys the company doesn't revolve around one man!

you're either too young or too dumb - choice is yours, or just do a bit of research about him to understand why it's such a big news
RichCreedy 25th August 2011, 10:46 Quote
Quote:
Originally Posted by rollo
hasnt tim cook been chief ex since like last year when jobs took ill to begin with

no he hasn't he has been standing in for jobs, when jobs was unable to work, he is/was coo, jobs will stay with apple as chairman of the board, and an employee
Marvin-HHGTTG 25th August 2011, 10:51 Quote
Quote:
Originally Posted by hexx
you're either too young or too dumb - choice is yours, or just do a bit of research about him to understand why it's such a big news

It's not that he doesn't know who he is, but more why should Apple's CEO get big news like this (it's plastered everywhere on conventional sites like the BBC, Grauniad etc), whereas if the CEO of many other companies, who may or may not be as important globally, were to step down, they'd either hardly get a mention or none at all on mainstream news sites.

To me it's yet more slightly sad showing that Apple get free advertising on the mainstream media when taken in comparison with other companies.

Good time to shift though, given a recent decline in iPhone sales when compared with every growing Android sales.
hexx 25th August 2011, 10:54 Quote
@ Marvin-HHGTTG - that's what i meant, there are reasons why it's in the news around the world. Jobs created new means of consuming digital content and formed few categories on the market of digital devices and formed what we know today as a smartphone, not mentioning facts about awards he's gained as the best CEO and so on.
Bungletron 25th August 2011, 11:11 Quote
So Jobs can no longer decide what to call the new iphone or ipad?
[USRF]Obiwan 25th August 2011, 11:22 Quote
again?
hexx 25th August 2011, 11:38 Quote
Quote:
Originally Posted by ashane
Does Apple’s ferocity not derive from the fact that its instincts are all too interested in other peoples business?
- are you talking about Google? they want to do everything, not Apple
Aracos 25th August 2011, 11:39 Quote
Quote:
Originally Posted by wuyanxu
We'll only see effect of this in a few years time. But I think this signals downfall of apple. Apple is nothing without Jobs.

Thank fook!
M7ck 25th August 2011, 11:40 Quote
Quote:
Originally Posted by mi1ez
why does this come under gaming?

I can't understand the melodrama surrounding this. Any other CEO resigns it's barely news. Someone tell the shareholders and fanboys the company doesn't revolve around one man!

It is major news because this was a guy that turned a nearly bankrupt company into the most valuable company in the world. Apple does kinda revolve around one man, I only hope his successor is up to the task of filling jobs shoes.
PCBuilderSven 25th August 2011, 11:51 Quote
Quote:
Originally Posted by M7ck
Quote:
Originally Posted by mi1ez
why does this come under gaming?

I can't understand the melodrama surrounding this. Any other CEO resigns it's barely news. Someone tell the shareholders and fanboys the company doesn't revolve around one man!

It is major news because this was a guy that turned a nearly bankrupt company into the most valuable company in the world. Apple does kinda revolve around one man, I only hope his successor is up to the task of filling jobs shoes.

I only hope his successor isn't up to the task of filling jobs shoes.
M7ck 25th August 2011, 12:49 Quote
Quote:
Originally Posted by PCBuilderSven
I only hope his successor isn't up to the task of filling jobs shoes.

Why is that? You do realise if apple take a downward turn tens of thousands of jobs are at stake.
fdbh96 25th August 2011, 12:53 Quote
Quote:
Originally Posted by M7ck
Why is that? You do realise if apple take a downward turn tens of thousands of jobs are at stake.

But then they might ditch stupid ideas like compulsory iTunes and price fixing
Stonerd 25th August 2011, 13:00 Quote
Jobs and apple were never going to find that much sympathy or pity in the Bit-tech forums...
I cant wait to see apple rot away...(see what I did there?)

I'll get my coat.
Woodspoon 25th August 2011, 13:14 Quote
This day has been long awaited by many and shall be long remembered

There will be much rejoicing in the streets
SMIFFYDUDE 25th August 2011, 14:12 Quote
Jonathan Ive should take most the credit for apple's turn around in fortunes. Apple could have come up with the elixir of youth, but if it didn't come in a pretty bottle and packaging no one would buy it.
XXAOSICXX 25th August 2011, 14:31 Quote
Quote:
Originally Posted by Woodspoon
This day has been long awaited by many and shall be long remembered

There will be much rejoicing in the streets

+1
Lord Blobbery 25th August 2011, 14:55 Quote
There is one particularly thorny issue surrounding Apple's Mac/Macbook lines - they're popular, so they provide stiff competition for Microsoft products. If Apple starts losing sales on these lines due to quality/originality/design (obviously not on the technology side of things), Microsoft's competition will be considerably reduced. Reduced competition more often than not leads to exploitation of a cornered market - higher prices, reduced quality, etc. As long as people buy Apple stuff, I can sit with a slightly smug expression as the hardware I need stays cheaper and higher quality than they would be otherwise, knowing that Apple customers have been...well, I don't want to say ripped off, but...
Tomm 25th August 2011, 15:02 Quote
The resignation of the CEO of the biggest company in the world (by market value) is big news anywhere, especially on the tech websites. In addition to that, Jobs was clearly unusually influential (for a CEO), an influence that is felt by anyone who uses an iPhone / mac daily.

If Ballmer or Michael Dell or Yoon-Woo Lee (CEO @ Samsung - I had to Google that one) resigned, another suit would come and fill their shoes and the impact on the company and products (and probably stock price) would be minimal.

This isn't Apple fanboyism at all. Whether or not you like Apple products or agree with the way he worked, this is simply big news in the world or tech.
veato 25th August 2011, 15:34 Quote
I'm surprised at the vitriol for Apple/Jobs. Do you not think every other company whose products you willingly purchase get embroiled in price fixing and patent trolling, etc I seem to remember Intel pulling a fast one with system builders to make sure their CPUs were used and not AMD. How many people berating Apple currently have a Core CPU sat in their rig?
Snips 25th August 2011, 15:46 Quote
Ive used MacOS, iPhone and iPad on a daily basis. Not a big fan of either at all.

Jobs going WILL have a huge effect on the company. At one point, no marketing literature, Ad campaign, Posters, Website was launched unless he had seen it and personally approved it. No this company paid people lots of money to come up with these things but it still Jobs personally who approved them.

Whether they have people as dedicated still in the company I don't know. It was Jobs baby, he cared about it more than anyone. Does anyone else as much?
rafamel 25th August 2011, 17:06 Quote
Que pena.........afectará en algo a la salida del iphone 5 en españa?

[mod edit]Too bad ......... something to affect the output of the iphone 5 in Spain?[/mod edit]
Fused 25th August 2011, 18:06 Quote
Guys the guy is retiring because of health problems have a little pity at least. He may not be our favourite person in the technology world but there is no need to rejoice at a mans poor health.

Apple was always going to fall, but I would reserve that day until they fail to invent the next big consumer product. Steve Jobs has quit but all mac fan boyism and general public appeal of Apple products hasn't gone away.
paisa666 25th August 2011, 19:37 Quote
Quote:
Originally Posted by mi1ez
why does this come under gaming?

I can't understand the melodrama surrounding this. Any other CEO resigns it's barely news. Someone tell the shareholders and fanboys the company doesn't revolve around one man!

Like some have said, the company its almost around one person, Thanks to this guy the company didnt go bankupt, Steve Jobs took the CEO chair back in 1997 and in 1998 Apple was releasing the iMac, then the iBook (and as you can see started a brand trend there, so noneed to mention the introduction of the iPod) and the G4 Cube, the beautiful 30'' 2560 * 1600 LCD. This single man saved the company and made it what it is now
supermonkey 25th August 2011, 19:48 Quote
Apple has more money in reserve than the US govenrment. That is why Steve Jobs' retirement is such big news. It would be big news if any CEO of a major tech company resigned. Don't let your anti-Apple fanboyism cloud your supposdly informed geeky judgement.

All the petty ridicule aside, would anyone like to clarify exactly why it would be so good if Apple just folded altogether? Or is that asking a bit too much from the crowd-that-is-just-as-elitist-as-the-Apple-fanboys-but-is-too-proud-to-admit-it?
blohum 25th August 2011, 22:08 Quote
Quote:
Originally Posted by M7ck
Why is that? You do realise if apple take a downward turn tens of thousands of jobs are at stake.

how many kids does he have!?!?
M7ck 25th August 2011, 22:12 Quote
Quote:
Originally Posted by blohum
how many kids does he have!?!?

huh?
The_Beast 25th August 2011, 23:08 Quote
I bet Apple will become less tight butthole with Jobs gone. They'll still make great hardware but it will be more fun and less surgical. Rainbow colored Macs anyone


And that's coming from not an Apple fanboy
Bakes 25th August 2011, 23:50 Quote
Quote:
Originally Posted by supermonkey
Apple has more money in reserve than the US govenrment. That is why Steve Jobs' retirement is such big news. It would be big news if any CEO of a major tech company resigned. Don't let your anti-Apple fanboyism cloud your supposdly informed geeky judgement.

All the petty ridicule aside, would anyone like to clarify exactly why it would be so good if Apple just folded altogether? Or is that asking a bit too much from the crowd-that-is-just-as-elitist-as-the-Apple-fanboys-but-is-too-proud-to-admit-it?

Cash reserves are nothing. The US takes in $375 billion per month, Apple's $50 billion in savings is a drop in the ocean.

It would never be good if Apple folded all together - but they're fast gaining a massive share of the electronics market. The idea that apple could make a turd and sell it for $100 has never been truer. No one wants a company that is too big - and it's becoming hard for other companies to compete (i.e. HP). (FYI I own many more Apple products than is healthy).

Also, big tech companies CEOs resigning is not normally big news. When Eric Schmidt moved from Google CEO to Chairman (effectively what Jobs has done) there were NOT features on all the news channels about how he helped change the search market.
mi1ez 26th August 2011, 00:19 Quote
Quote:
Originally Posted by hexx
Quote:
Originally Posted by mi1ez
why does this come under gaming?

I can't understand the melodrama surrounding this. Any other CEO resigns it's barely news. Someone tell the shareholders and fanboys the company doesn't revolve around one man!

you're either too young or too dumb - choice is yours, or just do a bit of research about him to understand why it's such a big news

I understand what he's achieved, but my point is that he personally doesn't come up with, design and market every product. He's given Apple the direction they needed but him changing role won't have the company collapse as some seem to think.
rogerrabbits 26th August 2011, 00:31 Quote
Apple will be fine, the over reaction is just a pitfall of a company having such a strong figurehead and brand like Jobs. The big story to me is the personal one, it's so sad when someone gets ill with cancer, it's a terrible disease that affects so many and nobody is immune. All the technology we have today and all the money Jobs has, but it's nothing against the big C. Very sad.
HourBeforeDawn 26th August 2011, 08:42 Quote
I would like to thank Bit-Tech this time around for not focusing on Tim Cook sexual orientation as apparently thats all other news groups seem to focus on (bunch of bigots) I think he will do a great job if anything he may do a better job since Steve was stuck on just making the iPod bigger and bigger lol.
M7ck 26th August 2011, 17:50 Quote
Quote:
Originally Posted by HourBeforeDawn
I would like to thank Bit-Tech this time around for not focusing on Tim Cook sexual orientation as apparently thats all other news groups seem to focus on (bunch of bigots) I think he will do a great job if anything he may do a better job since Steve was stuck on just making the iPod bigger and bigger lol.

We have a community here that is a lot more grown up than others but some posters do try to turn it into an immature one.


Quote:
Originally Posted by Woodspoon
This day has been long awaited by many and shall be long remembered

There will be much rejoicing in the streets
Quote:
Originally Posted by XXAOSICXX
+1
Quote:
Originally Posted by Stonerd
Jobs and apple were never going to find that much sympathy or pity in the Bit-tech forums...
I cant wait to see apple rot away...(see what I did there?)

I'll get my coat.
Quote:
Originally Posted by Picarro
The day he dies all Apple tech will stop working.


I am looking forward to it. (The second part of the sentence, not the first, mind you!)
Quote:
Originally Posted by mi1ez
why does this come under gaming?

I can't understand the melodrama surrounding this. Any other CEO resigns it's barely news. Someone tell the shareholders and fanboys the company doesn't revolve around one man!
Quote:
Originally Posted by ashane
Does Apple’s ferocity not derive from the fact that its instincts are all too interested in other peoples business? If it attended more to itself and became the centre, the object of its murderous inclinations (re: the Chinese supplier suicides) and the sum of its intolerances would diminish. Hopefully Job’s loss will castrate Apple’s ferocity a lot!!! Amen.
Quote:
Originally Posted by PCBuilderSven
I only hope his successor isn't up to the task of filling jobs shoes.
knuck 26th August 2011, 17:54 Quote
I have yet to give a f*ck about this news tbh
rogerrabbits 26th August 2011, 19:37 Quote
Well said M7ck
TheDarkSide 26th August 2011, 22:37 Quote
Quote:
Originally Posted by blohum
Quote:
Originally Posted by M7ck
Why is that? You do realise if apple take a downward turn tens of thousands of jobs are at stake.

how many kids does he have!?!?

i lol'd!
Woodspoon 27th August 2011, 20:09 Quote
Quote:
Originally Posted by M7ck

We have a community here that is a lot more grown up than others but some posters do try to turn it into an immature one.
Quote:
Originally Posted by Woodspoon
This day has been long awaited by many and shall be long remembered

There will be much rejoicing in the streets

Lighten up guy
I made a lighthearted comment about a big news story, whats so immature about that?
I'm sure you've done exactly the same at some point.
rogerrabbits 28th August 2011, 05:00 Quote
Uhhh I think it was the fact that you were talking about people rejoicing in the streets after some guy got cancer and became ill and had to quit his job. You don't see something a little sick about that?
Woodspoon 28th August 2011, 13:33 Quote
Quote:
Originally Posted by rogerrabbits
Uhhh I think it was the fact that you were talking about people rejoicing in the streets after some guy got cancer and became ill and had to quit his job. You don't see something a little sick about that?

Your reading too much into what I said then.
Nobody is rejoicing over Steve Jobs getting cancer that's just messed up to even suggest that, I'm only rejoicing over the fact he's resigned.
You don't have to like one thing to be happy about what it leads to.
war - bad thing, leads to, removal of oppressive dictator - good thing.
veato 30th August 2011, 14:37 Quote
Quote:
Originally Posted by Woodspoon
Your reading too much into what I said then.
Nobody is rejoicing over Steve Jobs getting cancer that's just messed up to even suggest that, I'm only rejoicing over the fact he's resigned.
You don't have to like one thing to be happy about what it leads to.
war - bad thing, leads to, removal of oppressive dictator - good thing.

Yeah but he resigned BECAUSE he's got cancer. How are you seperating the two? It's not like he woke up and thought 'well I've made my fortune, secured the future of the company and now I'm going to retire and play with puppies'. The guy is (from what I've seen on the net) ****ed. I don't think it's anything to celebrate regardless of the way your fanboy swingometer points.
HourBeforeDawn 30th August 2011, 17:03 Quote
okay we are not really celebrating that Steve Jobs has cancer, but I will say that Karma is a bitch.

What we are celebrating is the stepping down of a man that in all respect was a fascist and a hypocrite, I now hate Apple a bit less with Steve gone. :)
Nexxo 30th August 2011, 19:19 Quote
No, cancer is a bitch. "Karma" would suggest that it is somehow deserved. But that's not how cancer rolls. Like with dice, your number can come up anytime.
HourBeforeDawn 30th August 2011, 23:34 Quote
Quote:
Originally Posted by Nexxo
cancer is a bitch. "Karma" would suggest that it is somehow deserved.

glad you were able to put 2 and 2 together. ;)

The man wouldnt even acknowledged his own daughter for 12 years as he thought it would hurt his image, yes it was deserved and that is just a small part of the total image of the **** he did.
Nexxo 31st August 2011, 07:52 Quote
Well, I'm glad we have a little ball of self-righteousness like yourself sitting in judgement over people you know nothing about. 'Cause a saint like you should be a shining example to us all, y'know.

Time to act like a grown-up now. Visit a cancer ward, then ask yourself what people need to do to 'deserve' such a lot, and how many cancer patients actually do.

There is no karma. Nature is callous and cruel. The worlds spins in pain. If there is such a thing as a supreme being, then it is the duty of us all to strive to be His moral superior, not his vengeful acolyte.
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