Steve Jobs resigns from Apple, Tim Cook is new CEO

Abe Olandres Editor-in-chief August 25, 2011 · 2 min read

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Apple has just made an announcement that its current CEO, Steve Jobs, has resigned from his post effective immediately and will be replaced by Tim Cook.

Steve sends this letter to the public:

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

Tim Cook has had experience running as CEO of Apple in the past, when Jobs was on sick leave before so he’s the most logical replacement for Steve.

Jobs will remain as Chairman of the Board though so he’s not completely gone.
Apple stocks went down by a mere 5% after the announcement.

Question is, will he be as charismatic and effective as Steve?

React to this article:

steve jobs tim cook

Abe Olandres

Editor-in-chief

Abe is the founder and Editor-in-Chief of YugaTech with over 20 years of experience in the technology industry. He is one of the pioneers of blogging in the country and is considered by many as the Father of Tech Blogging in the Philippines.

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116 Comments

Mike V · 15 years ago

Steve was my idol and my mentor. I always watch his speech, he’s a master in delivering awesome speeches during product lanuches. I wish him well and thanks for the revolutionary products you gave to this generation.

Mike V · 15 years ago

Steve was my idol and my mentor. I always watch his speech, it’s just amazing. I wish him well and thanks for the revolutionary products you gave to this generation.

pao · 15 years ago

nakakaawa tingnan ang mentality ng ibang taong nag popost dito (mostly apple fanboys)

Thanks to Steve Jobs for developing underdeveloped markets before like the mp3 and smartphone market. I hope na wag pilitin ni Tim Cook yung lawsuits nila ngayong napatunayan falsified documents nila.

Justin · 15 years ago

Cheers to Steve Jobs! THank for making tech so funky and cool.

Bobby Dees · 15 years ago

We will surely miss the man who made everything nice for technology fans. God speed to Steve Jobs.

For those of you thinking of working for Apple and other tech companies, apply at http://JobSpot.ph

Camella Bataan · 15 years ago

I will miss Steve Jobs. I think Cook will also do a good job like Steve =)

applefanboys · 15 years ago

haha natawa ako sa post mo scandid. that is why i prefer iPhone.

scandid · 15 years ago

Katulong namin binigyan ko ng Android phone. I’m still loving my Iphone4..

burned! · 15 years ago

haha wag lang kau magtabi ng katulong nyo kakatawa mas pang-matalino/functional pa phone ng katulong sa amo. haha

INDAY · 15 years ago

â€œpre bluetooth mo nmn yan saking company profile .doc mo sa phoneâ€..

Scandid: â€œhindi pwede iphone to ehâ€
Katulong: sakin sir pwede!

â€œsige pre kopyahin mo na lang tong record ng meeting sa laptop koâ€â€¦

Scandid: â€œhindi pwede iphone to”
Katulong: sir sa lowend model android phone ko pwede yan

â€œpre meron na kong bagong movie sa pcâ€

SCAndid: â€teka installan ko muna ng iTUNES yan tapos convert natin sa .mp4, 2hours lang naman!
KATULONG: sir saken n lang kaya play ALL movie formats tsaka diretso transfer.

“Pre smartphone ba yan?”
KAtulong: “hindi po pang porma ni sir at games lng function ng iphone”
SCANDid: INDAY UWI!!! :(

zaxx · 15 years ago

Inday’s Bf: â€œpre bluetooth mo nmn yan saking company profile .doc mo sa phoneâ€..

Scandid: â€œemail na lng pre, mabilis din nman”
Katulong: uu nga sir, korek ka dyan!

Inday’s Bf: â€œsige pre kopyahin mo na lang tong record ng meeting sa laptop koâ€â€¦

Scandid: â€œemail na lng din, kulit mo talaga pare! nahawa ka na dito sa katulong ko, pumatol ka pa ksi kay inday.”
Katulong: sir nman, pagpasensiyahan nio na si dodong ko..labs na labs ko yan eh..

Inday’s Bf: â€œpre meron na kong bagong movie sa pc”Â
Scandid: â€anu naman ngayon! dami kong bagong movies sa imac ko..updated to nuh!
KATULONG: tumahimik ka na nga dodong! lika dito sa kusina, nuh bago scandal mo dyan sa android mo? bluetooth mo nman saken.”

â€œteka last na lang, pre anung tawag dito sa parang mantsang liquid sa screen ng android ko?
KAtulong: POK!! ( binatukan ni inday) “BOPOLS!! maalam pa ko sayo! oil slick or newton ring tawag dyan..amoled kasi yang android mo”
SCANDid: Ha Ha Ha, pakasal na nga kayo mga BUSET!!
Â Â Â Â Â ” uy pare, basahin mo toh, posting sa internet….Anroid now most attacked mobile OS, according to McAfee”

scandid · 15 years ago

Scandid: â€œemail na lng pre, mabilis din nmanâ€
Katulong: EMAIL? saken na sir mas mabilis direct download sa lockscreen

Indayâ€™s Bf: â€œsige pre kopyahin mo na lang tong record ng meeting sa laptop koâ€â€¦
Scandid: â€œemail na lng din, kulit mo talaga pare!
BF: anak ng! double process email ko tapos download mo ulit? pano na lang kung wala ako email anu ka na? kala ku ba SMARTphone yan e bakit parang hindi smart/flexible ip4?
Katulong: sir saken direct transfer yan, kung email may direct download sa lockscreen bilis!
SCANDID: Hmm bkit may ganyan k inday?
KATULONG: Sir widgets/ customization entity tong mga to, pwede ko gawin lahat, at gawing shortcuts in one click at hindi pare-parehas itsura ng androids di tulad ng iphone parehas lng ng ipod touch at ibang iphone hehe!

Indayâ€™s Bf: â€œpre meron na kong bagong movie sa pcâ€
Scandid: â€anu naman ngayon! dami kong bagong movies sa imac ko..updated to nuh!
KATULONG: sir wag kang sinungaling hindi updated ang itunes sa movies sige na kopyahin mo na ung movie nahiya ka pa!
Scandid: ai itunes dependent to eh

â€œteka last na lang, pre anung tawag dito sa parang mantsang liquid sa screen ng android ko?
KATULONG: POK!! ( binatukan ni inday) â€œBOPOLS!! maalam pa ko sayo! oil slick or newton ring tawag dyan..amoled kasi yang android moâ€
SCANDid: WOW tlga iba-iba ang android?
KATULONG: OO sir dito may choices ka! hindi katulad ng iphone na para kayung mga kulto na iisa itsura uto-uto kay steve jobs,, parang Azkals puro porma pero walang silbi! haha
SCANDID: BILI NA KO HIGH-END ANDROID WLA NAMANG MAGAWA SA IPHONE KO KUNDI MINI-GAMES PARANG IPOD NG PANGBATA NA NILAGYAN NG PHONE! hayyss

quzaqi · 15 years ago

nice timing. that’s what you call “quitting while you’re ahead” in a sense. in other words, exit na sya while he is still basking in his glory. hindi rin madali maging CEO. it’s better being remembered as the person who did so much for apple.

for those ignorant people out there, ang CEO ay UNDER ng Board of Directors. in many companies, the CEO is also a member of the BODs. yon nga lng, while the CEO is not doing something beyond the limits of his authority, he’s got the power to do what he wants but then, the BOD can overturn any of his decision if they would like to do so at kung makuha ang sapat na votes. mag research kung di alam ang binabasa.

zaxx · 15 years ago

grabe naman yung hatred nitong si juandelacruz sa mga iphone users, cguro minolestiya, nilait-lait, nabully, nabugbog, nilampaso, nirape, tinira sa pwet itong si juandelacruz ng mga fanboys. Mababasa mo sa comment niya na very traumatic ung pinagdaanan niya, lumilitaw tuloy na mas mababang uri ng nilalang siya kaysa sa mga pinatutungkulan niyang mga fanboys. Ang nakakatawa pa ay nayayabangan siya sa mga fanboys samantalang hindi niya napupuna na nuknukan siya ng yabang…in other words, galit siya sa kapwa niya mayabang..lol

zaxx · 15 years ago

buti pa ung mga iphone users na mga babae, hindi matatawag na apple fanboys :D

Jologs · 15 years ago

Just as I thought, this is a big opening for the trolls, wannabes, and pretenders to troll/brag/pretend.

Anyway, it’s a big loss for Apple but I’m sure that they can still make it. They owe it to Steve Jobs to ensure that his legacy lives on.

And to all haters, be thankful for Jobs who envisioned and implemented the new ball game for techies. If not for him, I doubt that we would enjoy the same smartphones, tablets that we have right now. Samsung, HTC, etc admittedly create great products too but they do not have the balls to create the new trend like Apple. They are just followers.

Jeff · 15 years ago

Get well soon mr. Jobs ^_^

mky · 15 years ago

lol everyone’s saying apple is done for. go google what a CEO does. his main duty is management. the real innovator is a company, not one person. there’s a special division in lots of companies whose main focus is innovation. steve still works for apple, but as chairman of the board of directors, which is another position i bet all the scrub haters don’t know of. now he has even more authority, even over new ceo tim cook.

just bc you cant afford their products it doesn’t give you the excuse of ignorance. fanboys are fanboys for a reason. go back to your basement if you even have one.

Steve Jobs · 15 years ago

I agree.
May isang nag reply sa taas, kinumpara ang new position ni Steve sa isang janitor lang.
May nalalaman pa syang logic logic eh wala naman pala sya nun.

manoy · 15 years ago

NAkakalungkot, makikita mo sa mga reply ng mga tao dito kung sino ang walang pinag aralan o kung sino ang nagyayabang. Bakit ba kailangan mag away away dahil lang sa isang brand. WHY ARGUE? O bakit kelangan magyabang ng mga gadgets or whatever.. Doon ba nasusukat ang kagalingan ng isang tao. hay! YES! Steve Jobs is a great leader, Sa mga nagreply ba, meron ba sa inyong kayang tapatan ang ginawa nya sa isang kagalingan ng tao. hay! peace. :)

Jologs · 15 years ago

I agree with you. Kaya wag na lang patulan ang mga trolls. Hehehehe.

driftking · 15 years ago

Thank You for the i’s Steve. Good Job!

iQuit · 15 years ago

iQuit

iResign · 15 years ago

iNako iMgoing coz iSuck

Iyan Sommerset · 15 years ago

Let’s see if the cult of personality that is Apple will survive the loss of it’s head “messiah”.

Juandelakiller · 15 years ago

“yeah! kill all those stupid apple fanboys who claim that apple gadgets are the superior gadgets in the world. and sorry, steve jobs isnâ€™t a god that apple fanboys can worship.” —- Juandelacruz

wat da……

KILL????? as in KILL?????
dahil lang sa apple papatay ka na?

Bridget · 15 years ago

win an ipad2: http://www.facebook.com/newtrentpower

steve · 15 years ago

â€Ž”Being the richest man in the cemetery doesn’t matter to me. Going to bed at night saying we’ve done something wonderful; That’s what matters to me.” – Steve Jobs

businesstelephone · 15 years ago

I’m going to miss Steve Jobs at Apple. He’s someone I admire and respect. A visionary. I hope Apple stays strong and that he’ll be OK.

Give Graphics · 15 years ago

“you have to trust that the dots will somehow connect in your future. you have to trust in something. gut, destiny, life, karma” – Steve Jobs

Taz · 15 years ago

i suggest to use language you’re more comfortable using *OFF TOPIC*

Steve Jobs · 15 years ago

Di mga marunong magbasa… Steve will remain part of Apple as Chairman of the Board. Sayang pinag aralan nyo kung di nyo naiintindihan binabasa nyo.

angusj · 15 years ago

tanga ka ba o bobo? dahil hindi na ceo si steve jobs wala na siyang kontrol sa kung anong gusto nyang gawin sa products ng apple.

ceo=chief executive officer

kahit maging chairman of the board o janitor ng apple si steve jobs, useless pa rin kasi halos mahina o wala na siyang kontrol sa business decisions ng apple.

bobo ka talagang talaga. sabi ka ng sabi ng hindi marunong magbasa eh ikaw pala ang mahina ang logic. without jobs as apple’s ceo, apple is like a widow who has lost a good husband. use your logic first before posting anything c r a p here.

angusj · 15 years ago

tanga ka ba o bobo? dahil hindi na ceo si steve jobs wala na siyang kontrol sa kung anong gusto nyang gawin sa products ng apple.

ceo=chief executive officer

kahit maging chairman of the board o janitor ng apple si steve jobs, useless pa rin kasi halos mahina o wala na siyang kontrol sa business decisions ng apple…

mky · 15 years ago

lol you are the tanga one my friend. sure he has no control on the decisions of tim cook, but when the chairman of the board gives a vote of no confidence on the CEO it’s sayonara to him. a janitor can’t do that. that still sounds like a lot of power to me.

and i quote, “use your logic first before posting anything c r a p here.”

PutraRocker · 15 years ago

thisisbadbro

jonaflormicfren · 15 years ago

He is a lost to the Apple, but change happen daily. We know that he performs well, he build and rebuilds the company. He is the magnet that draws customers.

xtractus · 15 years ago

IMO, the new CEO looks like your average pedophile. I am not joking. Steve Jobs is irreplaceable. Apple is Steve Jobs’ wife!

Tonio · 15 years ago

Yes! Sana malugi na ang Apple para konti na lang ang mga fanboys.

juandelacruz · 15 years ago

yeah! kill all those stupid apple fanboys who claim that apple gadgets are the superior gadgets in the world. and sorry, steve jobs isn’t a god that apple fanboys can worship.

applefanboy · 15 years ago

bitter ka kasi wala kang pera pang bili ng Apple Gadgets. hahaha

el bobo tonio · 15 years ago

tonio=el bobo=kitid utak=utak ipis

buti nalang kaya kong bumili ng apple at windows pc, canon at nikon, mr.clean at ariel, starbucks and nescafe, armani at bench, LV at hawk, samsung at cherry mobile

may toniong bobo at may tonio matalino sa mundo

jdelacruz · 15 years ago

tonio = dumb
juandelacruz = dumber
now who is the dumbest of them all……..

juandelacruz · 15 years ago

@applefanboy and jdelacruz
hey, are you kidding me? i am not a bitter person…i just hate those apple fanboys because they are way too bias and they don’t give any other brands a chance.

the both of you are like
those stupid kids that keep on saying like “my toy is the best in the world…blah blah blah”.

it’s obvious that you are one of those fanboys who simply buy your gadgets without using your brain. fyi, i own the latest refresh of iMac,which is the Core i7 version. I do love my iMac but I’m no apple fanboy because i always want to give all gadgets out there a try (I’m about to receive my Alienware M18X anyway).

so please, quit being a fanboy because you are just making fool of yourselves, kids. yes, apple is good but they’re not always the best. just shut up if you still want to emphasize some apple fanboyism. fanboyism is bias and gay.

ezio · 15 years ago

@applefanboy & jdelacruz
wala pala kayo kay juandelacruz eh.
puro lang pala kayo satsat porke may apple gadgets kayo.

eh siya, may mac na, may alienware pa?

hay naku, ‘tong dalawang fanboy na ‘to…parang mga baklang matagal nang hindi nakakasubo ng “hotdog ni aljur”. mga p u t a n g i n a nyo, puro lang kayo porma, wala kayong utak, tapos tinatawag nyo yung mga sarili nyo na fanboy.

mahiya kayo sa balat nyo. lamunin nyo yang apple gadgets nyo. sambahin nyo lang si steve jobs, para maipakita nyo lang sa ibang tao na handa kayong magpakatanga para lang sa kanya.

bakit, sinong diyos nyo, si steve jobs?

eh mga hung-hang pala kayo eh. tao, sinasamba nyo? eh diba false idolatry yan? mga salot talaga kayo sa lipunan. sige, tuloy nyo lang yang pagmamayabang nyo sa apple gadgets nyo, tignan nyo yung shares ng apple, bumaba ng 5 % kaya bumaba din si jobs at ceo. mga indio!

DDDumbest · 15 years ago

now who is the dumbest of them all………

your guess is as good as mine

D1D2Dumbest · 15 years ago

Now who is the dumbest of them all…..?

your guess is as good as mine

mga tanga · 15 years ago

gigil? kayo na,,mga tanga kayo e

AppleUser · 15 years ago

ay nako bitter nga wala kasing pambili. mahirap! wawa naman gang pagiging bitter nlang siya! boo!

maiingitkayo · 15 years ago

oo true that! malalaman mo dito basing sa comment kung sino ang insecure at inggit sa mga apple users dito. kung makapag comment parang hirap na hirap makabili kaya bitter bitter nalang sila

bigyan mo sila yan ng macbook na libre mag tatatalon yan sa saya!

caleeb · 15 years ago

wahaha pwnd un 2 apple fanboy =))

applefanboys · 15 years ago

@juandelacruz: manahimik ka na lang, maski may mac ka hindi mo naman yan alam gamitin. wala naman kami sinabi na mas better ang apple products sa iba. gusto lang namin at natutuwa kami sa mga products ng apple. hindi kasi ako bumibili ng cheap products tulad ng mga sinabi mo na alienware.

@ezio: siguro ikaw ang bakla, ang dami mo sinabi agad, dba ganyan ang mga bakla, madaldal. ungas

Taz · 15 years ago

Sure Steve Jobs made wonders but he’s definitely not a god nor irreplaceable.. THere’s definitely someone out there who’s as good as him if not better. Its just a matter of time.

Dancer · 15 years ago

With this, I can smell Apple’s downfall. Apple went so innovative because of Steve Jobs. He’s simply the brain and the heart of Apple.

I remember the days when Steve Jobs underwent a cancer treatment and he temporary left Apple. I just noticed that Apple temporarily lost its innovation when Jobs left for his treatment. And now, look, Jobs totally left the company now.

This is definitely a big shocking tech news…with apple losing the man behind the company’s innovative ventures, how can they retain their former glory?

Carlo · 15 years ago

HP dropping products, Jobs resigning, it’s just one big tech news after the other. What’s next?

dang · 15 years ago

Up Next:
CD-R King to seek World-Wide Domination with its affordable USB-powered SEX TOYS!

Jhay · 15 years ago

ahahaha! PRICELESS!!!

Lester Bambico · 15 years ago

His resignation might be a reason but not solely for the stocks falling. Its also partly because of their loss in their patent battles.
i’m looking forward to Apple’s next comeback though.