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Steve Jobs resigns from Apple, Tim Cook is new CEO

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?

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Avatar for Abe Olandres

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 considered by many as the Father of Tech Blogging in the Philippines. He is also a technology consultant, a tech columnist with several national publications, resource speaker and mentor/advisor to several start-up companies.

58 Responses

  1. Avatar for Mike V Mike V says:

    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.

  2. Avatar for Mike V Mike V says:

    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.

  3. Avatar for pao pao says:

    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.

  4. Avatar for Justin Justin says:

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

  5. Avatar for Bobby Dees Bobby Dees says:

    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

  6. Avatar for Camella Bataan Camella Bataan says:

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

  7. Avatar for applefanboys applefanboys says:

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

  8. Avatar for scandid scandid says:

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

    • Avatar for burned! burned! says:

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

    • Avatar for INDAY INDAY says:

      “pre bluetooth mo nmn yan saking company profile .doc mo sa phone”..

      Scandid: “hindi pwede iphone to eh”
      Katulong: sakin sir pwede!

      “sige pre kopyahin mo na lang tong record ng meeting sa laptop ko”…

      Scandid: “hindi pwede iphone to”
      Katulong: sir sa lowend model android phone ko pwede yan

      “pre meron na kong bagong movie sa pc”

      SCAndid: ”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!!! :(

    • Avatar for zaxx zaxx says:

      Inday’s Bf: “pre bluetooth mo nmn yan saking company profile .doc mo sa phone”..

      Scandid: “email na lng pre, mabilis din nman”
      Katulong: uu nga sir, korek ka dyan!

      Inday’s Bf: “sige pre kopyahin mo na lang tong record ng meeting sa laptop ko”…

      Scandid: “email 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: “pre meron na kong bagong movie sa pc” 
      Scandid: ”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.”

      “teka 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!!
              ” uy pare, basahin mo toh, posting sa internet….Anroid now most attacked mobile OS, according to McAfee”

    • Avatar for scandid scandid says:

      Scandid: “email na lng pre, mabilis din nman”
      Katulong: EMAIL? saken na sir mas mabilis direct download sa lockscreen

      Inday’s Bf: “sige pre kopyahin mo na lang tong record ng meeting sa laptop ko”…
      Scandid: “email 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!

      Inday’s Bf: “pre meron na kong bagong movie sa pc”
      Scandid: ”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

      “teka 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: 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

  9. Avatar for quzaqi quzaqi says:

    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.

  10. Avatar for zaxx zaxx says:

    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

  11. Avatar for zaxx zaxx says:

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

  12. Avatar for Jologs Jologs says:

    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.

  13. Avatar for Jeff Jeff says:

    Get well soon mr. Jobs ^_^

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