Steve Jobs Resigns from Apple

We don’t usually release articles on current events here at AppRecap, but we just couldn’t miss this one. Steve Jobs announced that he was stepping down from his role as CEO of Apple, to “focus on his health.” He was diagnosed with a rare cancer back in 2004, and his physical health seems to be deteriorating (he looked really thin when he introduced the iPad 2 back in March). He’s still going to be at the head of the Board of Directors, meaning he’ll still be giving his ideas and input. His full letter is below (courtesy of Apple):

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

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