DEVELOPING! The leader of one of the world's largest most innovative companies that has more CASH than the USA is resigning!
The Thomas Edison of the era is stepping down. One can only ASSUME at this point that it is health related. (See second line of letter below) We wish him the best and our prayers our with our 'friend' that has changed the lives of every single person reading this.
Here is a copy of Jobs' resignation letter:
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.
Will this matter to Apple? Of course it will. However he leaves knowing he has planted the seeds that has set the direction of Apple for many years and perhaps decades to come. While he may have the title of 'Chairman', it may be nothing more than window dressing to prevent any overreaction that may make their stock take a short term hit. I smell a buying opportunity. Apple is going nowhere but up for the forseeable future.