Breaking News: Apple CEO Steve Jobs resigns

[Iwinyourmoney]

fuk!!! Why didn't I sell my apple stock.....going to drop 30$ tomorrow

[flyingillini]

He probably won't be alive in a year or so..... This was the right call...... Apple will be fine...... Iwin, don't worry about stocks when you have Lupe to worry about.

[Iwinyourmoney]

Steve Jobs has resigned as CEO of Apple in a letter to Apple's Board of DirectorsIn his letter, Steve requests to stay on as Chairman and appoints Tim Cook to be the new CEO. The requests must be approved by the board, which is all but assured.

Steve has been on his third medical leave of absence since January of this year.
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

[ 145 comments ]

[Dutch]

Stocks will drop, then the next generation Ipad will come out and stocks will go back up. Looks like an opportunity to me. Tim Cook as been apart of the team for awhile and knows how to move forward.

[Bluehorseshoe]

Steve Jobs resigns.

Iwin............SELLLLLLLLLLLLLLLLLLLLL! !!!

[Dutch]

Down over $20 in after hrs already.

[forloveofthegame]

Jobs was a fukkin legend. sad to see him passing on

[Rod_M]

Stocks will drop, then the next generation Ipad will come out and stocks will go back up. Looks like an opportunity to me. Tim Cook as been apart of the team for awhile and knows how to move forward.

"On January 17, 2011, one and a half years after Jobs returned from his liver transplant, Apple announced that he had been granted a medical leave of absence. Jobs announced his leave in a letter to employees, stating his decision was made "so he could focus on his health." As during his 2009 medical leave, Apple announced that Tim Cook would run day-to-day operations and that Jobs would continue to be involved in major strategic decisions at the company.<SUP id=cite_ref-times_jan17_2011_126-0 class=reference>[127]</SUP><SUP id=cite_ref-127 class=reference>[128]</SUP> Despite the leave, he made appearances at the iPad 2 launch event (March 2), the WWDC keynote introducing iCloud (June 6), and before the Cupertino city council (June 7)<SUP>"</SUP>

[Iwinyourmoney]

Fuk me. Why didn't I sell at 395

[crustyme]

fuk jobs. hate that asshole.

he's the only reason i didn't upgrade to iphone 4 due to his pompous, arrogant response to antennagate. now i may consider iphone 5 afterall.

[marcoloco]

Stocks will drop, then the next generation Ipad will come out and stocks will go back up. Looks like an opportunity to me. Tim Cook as been apart of the team for awhile and knows how to move forward.

just what i was thinking

[gomiamigo]

$20bn drop seems a bit much for becoming Chairman instead of CEO.

[sneakerhead]

Im glad, sick of seeing that black shirt.

[lemart5]

Great friend of mine

[Cougar Bait]

Great friend of mine

LOL

Common

[jjgold]

Apple is fine
Short sell off

[Extra Innings]

Great friend of mine

Send him my regards, will ya.

[flyingillini]

This is not shocking news at all.... It's been known he is very Ill...this is not a shock whatsoever.

[Bluehorseshoe]

This is not shocking news at all.... It's been known he is very Ill...this is not a shock whatsoever.

But what does he have? He's so secretive about his health, you have to figure it might be HIV.

[Dutch]

But what does he have? He's so secretive about his health, you have to figure it might be HIV.

We've known he has pancreatic cancer since 2004. Plus a liver transplant awhile back. I don't think he was real secretive, the only time I've seen the dude talk is in clips of him talking at share holder meetings. The clips where he's wearing those super sweet black turtle necks.