Steve Jobs resigns as CEO of Apple

August 25, 2011

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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Joshua Schnell

Joshua is the Content Marketing Manager at BuySellAds. He’s also the founder and ??? editor-in-chief of Macgasm.net. And since all that doesn’t quite give him enough content to wrangle, he’s also a technology journalist in his spare time, with bylines at PCWorld, Macworld and TechHive.