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Steve Jobs resigns as CEO of Apple

August 24, 2011

Apple Inc., Rumors

The Wall St Journal is reporting that Steve Jobs has officially resigned from Apple.

Here’s the Press Release:

Letter from Steve Jobs

August 24, 2011–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.

We’ll update more as it comes in…

Update: Reuters is reporting the same on their Twitter account

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About Joshua Schnell

It started as a hobby and turned into a full-time job for Josh. One minute he was keeping notes on his switch to the Mac and the next thing he knew he was the full time Editor-In-Chief for Macgasm. He spent his early years designing and developing Web sites, but now it's all writing, all the time. Josh also currently contributes to PCWorld. He produces two podcasts, The Macgasm Podcast, and The AppOrchard, and can be heard on CBC Radio once every couple of years, despite secretly wishing that was a more frequent gig.

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yougenius

Sad news. Of course, in the wake of Jack Layton's passing, this news is doubly impactful.

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Adrian McMillan

The end of an era, and the beginning of a new.  I think Cook will do well. He still has Ive and Forstall to back him.

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S. Sammons

I too am saddened. I feel Tim Cook will be a great successor if allowed but no one has Steves awesomeness factor.

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