Steve Jobs resigns as CEO of Apple

steve-jobs-holding-iphone-4-smileStartling news rocked Apple’s Cupertino empire today as Steve Jobs resigned as CEO of Apple. Jobs will become the Chairman of the Board, while Tim Cook will take over as Jobs’ successor, and will also be joining Apple’s board of directors. All of these changes are to take effect immediately.

Jobs is credited with making Apple the most valuable tech company in the world, and for a short time, the most valuable company overall in the world. “Steve has made countless contributions to Apple’s success, and he has attracted and inspired Apple’s immensely creative employees and world class executive team,” Apple’s press release stated. “In his new role as Chairman of the Board, Steve will continue to serve Apple with his unique insights, creativity and inspiration.”

Jobs’ has been on a leave of absence recently due to poor health. Apple’s press release made no mention of whether the decision was connected to health issues, but Steve Jobs’ own letter to the board of directors did mention that he was no longer able to meet his “duties and expectations as Apple’s CEO.” 

Tim Cook has served as acting CEO while Jobs was out, as well as the company’s COO. Cook was in charge of apple’s operation, sales, and end-to-end supply chain.

Read the full text of Steve Jobs’ letter to Apple’s board of directors below:

Letter from Steve Jobs

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

Computing

Microsoft is ‘handing even more of online life’ to Google, Mozilla CEO says

Not everyone is happy with Microsoft's switch to Google's Chromium engine. In a new blog post, Mozilla CEO Chris Beard writes that he believes the move is "handing online life control" to Google.
Digital Trends Live

Pro4Ma CEO Liz Dunn explains the retail trends of Black Friday, Cyber Monday

Black Friday is a day of sales, but also of chaos. Pro4MA CEO Liz Dunn appeared on Digital Trends Live to discuss the shifts she has seen in Black Friday weekend, and what they mean for consumers.
Computing

AMD plans ray tracing cards, looks to compete with Nvidia’s premium GPUs in 2019

Nvidia's GeForce RTX series may soon no longer be left unchallenged. AMD CEO Lisa Su confirmed that her company will be readying a premium GPU in 2019 to take on Nvidia and gave hints about ray tracing support in the future.
Deals

The best iPad deals for December 2018

In the wide world of tablets, Apple is still the king. If you're on team Apple and just can't live without iOS, we've curated an up-to-date list of all of the best iPad deals currently available for December 2018.
Deals

The best Apple Watch deals for December 2018

The Apple Watch has surged to prominence in recent years. If you're in the market for an iOS wearable, we've sniffed out the best Apple Watch deals available right now for all three models of this great smartwatch.
Deals

The best iPhone deals for December 2018

Apple devices can get expensive, but if you just can't live without iOS, don't despair: We've curated an up-to-date list of all of the absolute best iPhone deals available for December 2018.
Product Review

The iPad Pro is the best tablet ever. But don't sell your laptop just yet

Apple has unveiled a big redesign for the iPad Pro, slimming down the bezels, adding Face ID, and the ability to attach and charge the Apple Pencil. All of this comes at a high cost however, as the iPad Pro starts at $799.
Music

Apple Music may sign up more exclusive artists with purchase of Platoon

Apple purchased London-based Platoon, which is a startup that helps independent musicians get discovered by major labels. The acquisition may help Apple Music sign up more exclusive artists.
Mobile

Beddit Sleep Monitor 3.5 now available on the Apple Store

The Beddit Sleep Monitor 3.5 is now available on the Apple Store for $150. The sensor strip, which is only 2 millimeters thin, automatically tracks a wide array of sleep data when placed under the user's sheets.
Deals

Save up to $750 with the best smartphone deals for December 2018

Need a better phone but don't want to spend a fortune? It's never a bad time to score a new smartphone and save some cash. We rounded up the best smartphone deals available that can save you as much as $750.
Computing

5 reasons your Macbook keeps restarting and how to fix the issue

It can be frustrating when your Apple MacBook keeps restarting, but this serious problem can be fixed! We'll go over the common causes for this issue, what you can do to fix them, and why it's okay to take your Mac to a pro!
Deals

Pick up a pair of Apple AirPods alternatives for less than $50

Apple AirPods are some of the most sought-after wireless earbuds, but they certainly aren't cheap. Luckily, Walmart and Amazon both have some great Apple AirPod alternatives for sale, and you can still get them before Christmas.
Apple

Patent highlights Apple's sky-high ambitions for AirPower wireless charger

At its September event last year, Apple unveiled the AirPower -- its new wireless charging mat that will allow you to charge multiple devices at one time. It has not yet been released. Here's everything we know about the device so far.
Computing

Snatch Apple’s 2017 15-inch MacBook Pro for up to $1,200 off at B&H

The latest deal at B&H is offering up 2017 15-inch Apple MacBook Pros, in space gray and silver, with Intel Core i7 quad-core CPUs, 16GB of RAM, and AMD Radeon Pro 560 GPUs with up to 2TB of SSD storage.