Wow: Steve Jobs Resigns as Apple CEO. What Do You Think?

BlogHer Original Post

Steve Jobs has resigned his position as CEO of Apple, effective immediately. He will stay on as chairman of the company's board of directors, and Apple has announced that Chief Operating Officer Tim Cook is the new CEO.

Jobs recommended Cook strongly in his resignation letter. He did not cite a specific reason for leaving, but did say:

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.

Steve Jobs
(Image: © Qi Heng/Xinhua/ZUMAPRESS.com)

CNN reports that Apple stock is down over 5% in extended trading after the announcement.

Some Reaction on Twitter

The hashtag #SteveJobs is trending.

A sad thing. True visionary. Anyone who has never seen the #SteveJobs #Stanford commencement speech - http://t.co/RcR34t7 says it.less than a minute ago via TweetDeck Favorite Retweet Reply

Steve Jobs has resigned as chief executive of Apple - hope that isn't a reflection on his health. What a creative, inspiring leader.less than a minute ago via TweetDeck Favorite Retweet Reply

Sorry, but I don't feel #stevejobs resignation is cause for a joke. He went as far & as long as he could, and that is admirableless than a minute ago via web Favorite Retweet Reply

"If you haven't found what you love yet, keep looking and don't settle" #stevejobsless than a minute ago via web Favorite Retweet Reply

If any other co were biggest in the world, wld there be so much buzz if its CEO resigned? An indication of how Steve Jobs touched our lives.less than a minute ago via TweetDeck Favorite Retweet Reply

What did you think of the announcement?

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